Seller Financing Available! 5764 & 5780 E. 2nd Street is located on Naples Island, between the world-renowned Pacific Coast Highway and the coastal community of Belmont Shore. A new owner could either purchase the subject property to occupy all, or a portion, of the vacant space or implement a reposition plan that would attract higher quality commercial tenants and significantly increase cash flow over the investment period.
The first floor consists of two (2) ground level retail units and one (1) freestanding retail building. One of the ground level retail units is leased to Naples Wine and Spirits on a month-to-month lease and the other ground level retail unit is currently vacant. The freestanding retail building is leased to Valentino's Pizza on a short-term lease that expires August 31, 2027, with no options to extend. The second floor consists of a wine storage business (currently operated by Seller) and a private banquet room (currently occupied by Seller). The third floor consists of two (2) apartments units (one studio unit and one 1-bedroom unit) both on below market MTM leases.