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916 SE 14th Ave 4,796 SF Retail Building Cape Coral, FL 33990 $1,498,000 ($312.34/SF)
Investment Highlights
- Fully fenced yard enhances security and outside storage
- Heavy industrial zoning allows for a broad range of permitted uses.
- Can be reverted back to industrial use
- Located within a growing commercial and industrial corridor of Cape Coral.
Executive Summary
Exceptional investment opportunity in Cape Coral's heavy industrial zoning district. The under air SF is just under 5,000 SF on .52 acres and the yard is fully fenced. Home to the well-known Leone's restaurant, this property offers a rare combination of established restaurant use and highly sought-after industrial location. Whether continuing the existing restaurant operation, repositioning the property for an owner-user, or revert back to an industrial use, the possibilities are significant. Properties within this district are increasingly difficult to acquire, making this a unique chance to secure a strategic asset in one of Cape Coral's most valuable commercial and industrial corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,796 SF
Building Class
C
Year Built
1977
Price
$1,498,000
Price Per SF
$312.34
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.52 AC
Zoning
Industrial - Zoning allows for manufacturing, fabrication and distribution. Also allows for retail services.
Frontage
75’ on 14th Ave
Amenities
- Fenced Lot
- Restaurant
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-44-24-C2-00778.0230 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $458,040 |
Property Taxes
Parcel Number
19-44-24-C2-00778.0230
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$458,040
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916 SE 14th Ave
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