Price Reduced 10.45%


Price History

$3,350,000
4/16/2024

$3,000,000
7/1/2024


4066 Evans Avenue, Fort Myers, FL, 33901

4066 Evans Avenue, Fort Myers, FL, 33901

1984

Separate but fully leased, 2 building portfolio on 1.23 acres. 52 units averaging 215 SF. Occupied by 47 local tenants on leases averaging 2 years. Professionally managed and maintained. New re-roof in 2017. Recent HVAC replacements also. Common areas include, lobby area, break rooms, and atrium. Historically high occupancy with less than 2.5% vacancy with a long wait list. Liberal CI zoning allows for multitude of retail, office, or medical uses. Property features and attractive 7.3% CAP rate with considerable upside as leases reset.


Status:

Active

Type:

Commercial

Zoning:

CI

Garage:

Common

Heating:

Central, Electric

Cooling:

Central Air

Energy Features:

HVAC

Parking:

54-car

Acreage:

1.23

Construction

Block

Days on Market:

76

MLS #:

A11571085


Community Info

School Info

Walk Score

Yelp



Listing courtesy of Southern Heritage Real Estate Phone: 863-675-4500