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2250 Fowler St 2,054 SF Retail Building Fort Myers, FL 33901 $334,999 ($163.10/SF) 10.49% Cap Rate



INVESTMENT HIGHLIGHTS
- Heavy daily trafficked road
EXECUTIVE SUMMARY
MASSIVE PRICE REDUCTION!!! SELLER IS READY TO SELL! THIS IS THE CHEAPEST COMMERCIAL OFFICE BUILDING ON FOWLER IN THE MIDTOWN REDEVELOPMENT AREA! Priced to sell fast! Cash Buyer Only. Great investment opportunity! There is a tenant in place until April 2027. The building offers six individual offices, along with a customer reception area and a HUGE storage room in the back of the building. Comes with eight parking spots with room to make more! There are numerous opportunities, including the chance to participate in the program to revamp the front of the building, from the Community Redevelopment Agency. There is a lot of development happening in Downtown Fort Myers, and your opportunity to get in NOW!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
2,054 SF
Building Class
C
Year Built
1967
Price
$334,999
Price Per SF
$163.10
Cap Rate
10.49%
NOI
$35,150
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.18 AC
Zoning
B-2 - office/medical
Parking
8 Spaces (3.89 Spaces per 1,000 SF Leased)
Frontage
52’ on Fowler St
AMENITIES
- Bus Line
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 24-44-24-P2-01904.0160 | Improvements Assessment | $284,173 |
| Land Assessment | $51,013 | Total Assessment | $349,937 |
PROPERTY TAXES
Parcel Number
24-44-24-P2-01904.0160
Land Assessment
$51,013
Improvements Assessment
$284,173
Total Assessment
$349,937
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2250 Fowler St
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