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23-31 Fort Thompson Ave
LaBelle, FL 33935
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
4,079 SF
Building Class
B
Year Built/Renovated
1925/2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
0.23 AC
Zoning
LB-B-
Parking
8 Spaces (1.96 Spaces per 1,000 SF Leased)
Frontage
98’ on Fort Thompson Ave

AMENITIES

  • Air Conditioning

ABOUT 23-31 FORT THOMPSON AVE , LABELLE, FL 33935

Great investment property in downtown LaBelle area. Generating over $33K/year in NOI. This Historic Commercial building offers 4 rental units that have all been well maintained and is currently 100% occupied. A recent city sidewalk beautification effort converted the existing sidewalk to an attractive paver pathway, lined with outside seating and umbrellas allowing an attractive atmosphere for businesses to thrive. The location is in a high traffic area surrounded by offices, restaurants and businesses. Only the building and land is for sale. Tenants are long term and looking to stay as long as the owners will allow them to. Leases are run 1 to 2 years per term, and all upcoming leases are set to renew as per the LL and tenant discussions. Opportunity to possibly increase rents on one or two of the units.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2-29-43-01-010-0024-0020
Land Assessment
$83,160
Improvements Assessment
$204,907
Total Assessment
$288,067
  • Listing ID: 13117448

  • Date on Market: 7/10/2018

  • Last Updated:

  • Address: 23-31 Fort Thompson Ave, LaBelle, FL 33935

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