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Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 7,751 sqft
Price per Sqft $83
MLS Listing ID 220019451
Year Built 1977
Annual Tax Amount $14,243
Tax Year 2019
Lot Size 0.782 Acres
Property Sub-Type Retail
Property Description
Reduced again!! Very Motivated seller is looking for offers. The property is priced to sell at an asking price of only $100.50 PSF which is well below a recently completed appraisal value and replacement cost. The property is a 7,751 SF multi tenant Del Prado Boulevard investment property with 240' of frontage on Del Prado Blvd. in convenient, high visibility, high traffic area with a new roof. Property can be 4 units but is currently divided into 3 units with 2 tenants and one 900 SF vacant office/retail unit. The Orient Restaurant is a long term tenant. The other current tenant is the "O" Bar. The vacant 900 SF office/retail unit can be leased to a new tenant or owner occupied. The property has a new roof and outstanding parking with parking lots on the north and south sides and in the rear of the building.
Location
State FL
County Lee
Area Cc14 - Cape Coral Unit 16, 18, 22-
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description None
Building
Story 1
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Bought with Florida Complete Realty
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