$1,000,000
$1,074,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
4,486 SqFt
SOLD DATE : 08/25/2022
Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Retail-Commercial: Free Standing Building,Retail-Commercial: Street Retail,Retail-Commercial: Vehicle Related
Listing Status Sold
Purchase Type For Sale
Square Footage 4,486 sqft
Price per Sqft $222
MLS Listing ID 222023280
Sold Date 08/25/22
Year Built 1980
Annual Tax Amount $7,310
Tax Year 2021
Lot Size 0.387 Acres
Acres 0.3874
Property Sub-Type Retail-Commercial: Free Standing Building,Retail-Commercial: Street Retail,Retail-Commercial: Vehicle Related
Source Florida Gulf Coast
Property Description
Excellent opportunity to acquire a free-standing multi-tenant retail/office investment pusroperty with a Drive Thru Beverage business. This Cape Coral landmark property has been operating in the same high traffic, high visibility area for over 40 years. This is an outstanding opportunity to buy and income generating property along with a business with great upside in one of Southwest Florida's fastest growing cities. This is a package deal and the buyer must purchase both the Real Estate and Drive Thru Beverage business which are both included in the asking price. Current owner has increased revenues lately by expanding operating hours and adding the Florida Lottery. Approximately half of the building is the Drive Thru and the remainder is made up of 3 rental units one of which is the Check Cashing Store that has been a tenant for over 30 years. The property is well suited for a family owned and operated business venture. Please don't speak to the tenants or business employees.
Location
State FL
County Lee
Area Cc14 - Cape Coral Unit 16, 18, 22-
Zoning C1-D
Direction From Veterans Pkwy. - go north to 1020 Del Prado Blvd. property will be on your left.
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description None
Total Parking Spaces 4
Private Pool No
Building
Faces From Veterans Pkwy. - go north to 1020 Del Prado Blvd. property will be on your left.
New Construction No
Others
Tax ID 19-44-24-C2-00783.0290
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