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$1,600,000
Est. payment /mo
5,184 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,184 sqft
Price per Sqft $308
MLS Listing ID 2026007144
Style Resale Property
Year Built 1979
Annual Tax Amount $8,253
Tax Year 2025
Lot Size 0.620 Acres
Acres 0.62
Source Florida Gulf Coast
Land Area 5184
Property Description
6 unit concrete block and stucco office/retail investment building located on Pine Island, FL, across from recently completed Publix shopping center. The interior of each unit has been remodeled after Hurricane Ian with new flooring, walls and ceiling. The building has 5 new A/C units, a metal roof, storm shutters, septic with a lift station, and county water. 3 of the units are leased at $1,250 per unit per month. Each unit contains 784 sf. The current rental rate is $19.13 psf per year on a gross basis. To the rear of the site there are two separate wood frame storage areas containing 480 sf and 420 sf respectively. There is a separate wood barn structure that contains 1,800 sf. The site contains 27,054 sf. The current coverage ratio suggest the possibility of surplus land for expansion. CC zoning allows many commercial uses.
Location
State FL
County Lee
Zoning CC
Interior
Cooling true
Inclusions Building And Land
Fireplace No
Exterior
Utilities Available Sewer Connected
Waterfront Description None
Total Parking Spaces 14
Garage No
Building
Story 1
Level or Stories 1
New Construction No
Others
Senior Community No
Tax ID 28-44-22-00-00022.0000
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Listed by Century 21 Sunbelt Realty • Michael Shevlin
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