THREE BUILDING INVESTMENT PROPERTY WITH 11.8% ESTIMATED CAP RATE

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2272/2284 Cranford Avenue, Fort Myers, FL 33916

Listing Description

The subject property is located within the City of Fort Myers just north of Edison Avenue at the southwest corner of Cranford Avenue and Lafayette Street.  The property consists of three buildings, a multi-tenant commercial building and 2 residential duplexes with two bedrooms and one bath each.  The projected Annual Gross Income is $57,700 and offers an estimated NOI of $44,148 annually.  Please contact Lisa Farrell-Sands to arrange a showing appointment and please do not disturbe the tenants. 

Additional Information

Building Sizes:
     2,156± SF Multi-Tenant Commercial
     (2) 1,581± SF Residential Duplexes 
2016 Property Taxes Combined:  $4,666.96
Zoned:  IL (Light Industrial) within the City of Fort Myers
Utilities:  All Available to the Site
Parking:  10 Spaces for the Commercial Building
 

Additional Information

Retail
Reduced from $440,000 to $375,000
1953 & 1970
11,490± SF Partially Fenced
5,318± SF In Three Buildings
24-44-24-P2-02726.0240
11.8%±

Additional Files

Agent Information

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Lisa Farrell-Sands

Email: lsands@vipcommercial.com
Phone: (239) 489-3303
Cell Phone: (239) 470-5582

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