Commercial $ 0

3900 Broadway

Fort Myers, FL 33901

  • 24,935 SqFt
  • 2.72 Lot Size
  • 1973 Year Built
The best passive income property money can buy is being sold for UNDER Appraised value! Over $33,000 a month in gross rent with the ability build an additional 4 stories taller, giving you a solid return on your investment with the potential to add on dozens of more rental units! Located across from the street from the soon-to-be redeveloped Edison Mall, these 4 concrete block buildings sitting on over 2+acres are 95% leased to great, long term tenants with security deposits and advanced rents, mostly in the medical or professional fields and is a very well kept & well run property! Property is grandfathered in for a local well to use for irrigation, saving you a bunch of money on your lawn bill! Simple expenses such as water, landscaping, insurance and taxes. Tenants pay their own electric. 24000+ Sq ft of lease-able space, 240 Ft of Broadway frontage, over 100 parking spaces and borders other commercial properties with residential just up the block. Newer laminate flooring in most units. See Supplements for Offering Packet with full details and appraisal information. Local owner is retiring, this is your opportunity to have a long term investment in a rapidly growing part of Fort Myers.
Listed by Cachon Realty Group. LLC

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 24, 935 sqft

    Price per Sqft $136

    MLS Listing ID 226013605

    Style Resale Property

    Year Built 1973

    Annual Tax Amount $35,020

    Tax Year 2025

    Buyer Agency Compensation 2.0%

    Lot Size 2.722 Acres

    Acres 2.722

    Source Naples

    Land Area 24935

  • Location

    State FL

    County Lee

    Zoning CI

  • Building

    Story 1

    Level or Stories 1

    New Construction No

  • Interior

    Cooling true

    Inclusions Building And Land

    Fireplace No

  • Exterior

    Utilities Available Electricity Connected, Water Connected

    Waterfront Description None

    Total Parking Spaces 115

    Garage No

  • Others

    Senior Community No

    Tax ID 36-44-24-P1-00015.0000

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CONTACT

Marc Middleton
Marc Middleton

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