Sold
Closed
4599-4607 Fowler ST
FORT MYERS FL, 33907
$7,200,000
$102.79 per sqft
Sold
Closed
70,043 sqft
Commercial
Built in 1973
BACK ON THE MARKET!! 1031 fell through. This 6.72% CAP portfolio consists of six buildings and three warehouses across 3 acres and comprises of over 24,000 SQ FT of AC and over 45,000 SQ FT of non-AC warehousing. Flexible IL zoning allows many variables for this income producing opportunity. A strong demand for industrial producing income properties makes this real estate only sale most attractive. A diverse sector mix of the five current tenants represent below current market lease rates with value and income appreciation for the future. The property has undergone extensive renovation investment including new roof and AC on one building and full maintenance on the others. There are no outstanding repairs or maintenance due since the 2017 renovation investment. There are 124 parking spots, a 3000+ SF workshop, a 5600+ SF showroom and another upper show room consisting of an additional 5700 SF plus a large open mezzanine. All buildings are metal frame construction, except 4607 Fowler which is poured concrete construction including the second floor.
222015988
MLSⓇ ID
March 16, 2022
Listed
October 1, 2024
Updated
Map
4599-4607 Fowler ST
FORT MYERS FL, 33907
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Heating
Yes
Exterior/Building Features
Lot Size
3 Acres
Other Property Details
Area Name
FM07 - Fort Myers Area
Taxes
$58,947
Tax Frequency
Annually
Days on Market
12
Garage
No
View
No
County
Lee
Pool
No
Bought with David Jennings, Alliance Realty Group and Listed by David Jennings, Alliance Realty Group
Listing Contact: (239) 274-6637
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Data last updated 11:03 PM UTC, 10/1/2024