916 SE 14th Ave - Restaurant FOR SALE


Cape Coral, FL 33990- Hancock
$1,498,000 USD
239-600-0038
916 SE 14th Ave, Cape Coral, FL for Sale
$1,498,000 USD
Restaurant - FOR SALE
1/14
null | Request Cap Rate

916 SE 14th Ave
Cape Coral, FL 33990
Hancock


HIGHLIGHTS

  • Fully fenced yard enhances security and outside storage
  • Can be reverted back to industrial use
  • Heavy industrial zoning allows for a broad range of permitted uses.
  • Located within a growing commercial and industrial corridor of Cape Coral.

OVERVIEW

Exceptional investment opportunity in Cape Coral's heavy industrial zoning district. The under air SF is just under 5,000 SF on .52 acres and the yard is fully fenced. Home to the well-known Leone's restaurant, this property offers a rare combination of established restaurant use and highly sought-after industrial location. Whether continuing the existing restaurant operation, repositioning the property for an owner-user, or revert back to an industrial use, the possibilities are significant. Properties within this district are increasingly difficult to acquire, making this a unique chance to secure a strategic asset in one of Cape Coral's most valuable commercial and industrial corridors.

FOR SALE DETAILS

PRICE

$1,498,000 USD

PRICE/SF

$312 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Office, Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,500 SF

ZONING

Industrial

APN/PARCEL ID

19-44-24-C2-00778.0230

ASK ABOUT THIS PROPERTY

Rachael GuertinRE/MAX Nautical RealtyMore Info
239-600-0038

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Rachael GuertinRE/MAX Nautical RealtyMore Info
239-600-0038

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