1615 SE 47th Ter - Storefront Retail/Office FOR SALE


Cape Coral, FL 33904- Caloosahatchee
$1,072,000 USD
239-851-2090
1615 SE 47th Ter, Cape Coral, FL for Sale
$1,072,000 USD
Storefront Retail/Office - FOR SALE
1/9
null | 4.18% Cap Rate

NEW


1615 SE 47th Ter
Cape Coral, FL 33904
Caloosahatchee


HIGHLIGHTS

  • Excellent location in booming CRA District
  • Excellent Parking for area
  • New roof

OVERVIEW

3,634 two unit building in good condition located in CRA district. The property has the flexible SC zoning classification allowing office and retail. The property can be utilized as 3 units. It has been previously used as an insurance office, a Real Estate office, a Bakery, a deli, a caterer and is currently leased as a bakery and a Crafts store/studio. Flexible purchase options are available. The property has above average parking with 17 spaces front and back with alley access. The property has pylon signage on the street and previous tenants have utilized facade signage on the front of the building. The property can be purchased vacant or partially occupied for an owner user or investor. The property is currently being utilized as two units and the 2,484 SF left hand unit will be vacated by 5/31/26. There is a bakery with a hood in the 1,150 SF right hand side unit and they have a lease ending 8/31/26. They would like to stay on as a tenant. The bakery is paying $1,756.66 per month. (Note: this is not a NNN lease.)

FOR SALE DETAILS

PRICE

$1,072,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

4.18%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,374 SF

ZONING

SC

APN/PARCEL ID

07-45-24-C3-00361.A110

ASK ABOUT THIS PROPERTY

Jack BrittonProfessional Realty ConsultantsMore Info
239-851-2090

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Jack BrittonProfessional Realty ConsultantsMore Info
239-851-2090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.