• MLS® #: 219030778
  • (Undisclosed Address)

  • CAPE CORAL, FL 33904
  • $475,000
  • 4755 , 0.22 Acres
  • Commercial
  • Office: Real Edge Real Estate Inc

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%

Essential Information

  • MLS® #219030778
  • Price$475,000
  • Square Footage4,755
  • Acres0.22
  • Year Built1981
  • TypeCommercial
  • StatusActive
  • Taxes$5,239
  • Tax Year2018

Sub-Type

Office: Business Park, Office: Condominium, Office: Office Building

Community Information

Area

CC11 - Cape Coral Unit 1, 2, 4-6

Amenities

  • WaterfrontNone

Utilities

Electric, Phone Line, Septic, Sewer, Water

Interior

  • # of Stories1

Additional Information

  • Date ListedMay 6th, 2019
  • Days on Market106
  • ZoningSC

Property Location

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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on August 20th, 2019 at 5:26pm EDT.