PRICE REDUCED AGAIN!!! 16,300 SF Industrial Light Flex Building

Industrial for Sale
Catylist Listing ID: 30352103
Property Subtypes: Flex Space, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Warehouse/Distribution
Building Size (RSF): 14,900 SF
Gross Building Area: 16,300 SF
Gross Land Area: 65,216 SF
Sale Price: $1,467,000
Unit Price: $98.46 PSF
Docks/Doors: 6 Doors
Drive In Bays: 3 Bays
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 14,900 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/18/2019

Overview / Comments

• 16,300 SF industrial light multi-tenant building located on Treeline Ave. South in Ft. Myers, FL.

• Just 1/4 of a mile from Daniels Parkway, 3/4 of a mile from I-75, and 4.5 miles from Southwest Florida International Airport.

• Building has 7 units, but units 1-4 are currently combined.

• Units 1-4 are a music recording studio that includes: 11 offices, 2 recording studios, 2 restrooms, a kitchen and break room, and a reception area. The unit has 3 OHD's that are currently walled in, but the unit can easily be converted so that they are accessible.

• Unit 5 includes: 1,814 SF of retail/showroom space and 527 SF of insulated
warehouse space with a 14' OHD.

• Unit 6 includes: 4 offices and 1 restroom, along with approximately 1,600 SF of insulated warehouse space with a 14' OHD.

• Unit 7 includes: 2 offices, 1 large conference room, a reception/waiting area, a storage room, a kitchen/break room, 1 restroom, and 1,188 SF of insulated warehouse space with a 14' OHD.

• Real estate taxes = $7,476.86

• Condo association fees = $967.52 (annually)

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Taxing Authority: Lee
Tax ID/APN: 23452502000000050
Zoning: IL
Highway Access: 3/4 of a mile from I-75.
Airports: Southwest Florida International Airport = 4.5 miles away
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2002
Total Parking Spaces: 36
Zoning Description: Industrial Light (IL) - The purpose and intent of the IL district is to permit the designation of suitable locations for and to facilitate the proper development and use of areas devoted to various light industrial and quasi-industrial commercial uses. While it is presumed that most industrial processes will take place within enclosed buildings, any activity not taking place within a building shall take place within a yard enclosed by an opaque wall or fence.
Lot Frontage: 220 feet

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,304 19,471 76,736
Median Age: 67.83 54.74 42.11
Households: 648 9,098 31,720


Photograph of Listing Agent

Ron A Struthers, PA

MFCRE Member
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