- MLS® #: 219030778
- Price: $475,000
- Days on Market: 70
- Address: N/a
- County: Lee
- Year Built: 1981
- Type: Commercial
- Square Footage: 4,755
- Acres: 0.22
- # of Stories: 1
- Waterfront: None
- Status: Active
Excellent location just south of Cape Coral Parkway in downtown Cape Coral; 5 units total, with 4 of them fronting on Miramar Street. The 5th unit is on the back side of the building and has a large loading door.The building has been well maintained, and it was painted and reroofed in mid-2018. Interior is tiled throughout with high ceilings. There are separate electric meters for each of the units. 15 parking spaces total and an improved 15’ asphalt alley provides access to the back. 6-panel sign in the front parking lot for tenants’ signage. Based on the current owner’s income and expenses, the CAP rate on this buy-and-hold investment is 7.21%
Call or text Ryan Schwartz at 239.500.8000
Office: Business Park, Office: Condominium, Office: Office Building
CC11 - Cape Coral Unit 1, 2, 4-6
Electric, Phone Line, Septic, Sewer, Water
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