1014 Se 12th Ct, CAPE CORAL, 33990

REDUCED 43% Commercial - Industrial: Flex Space, Industrial: Manufacturing, Industrial: Office Showroom, Industrial: Warehouse For Sale

$650,000

Beds
Baths
44,864Sqft
1.03Acres
1977Built
478DOM
MLS® #: 218024391
Active
Phil Deems Real Estate
Sub:
Dev:

BUYER COULD USE PART OR ALL OF THE SPACE - Tenants are on month to month basis and rents are well below market. The building is 10,000 square feet (100' x 100') constructed of both steel & block and divided into five separate rental units. Tenants are willing to stay in place with the new buyer, or they could vacate with appropriate notice. The five units are leased to four tenants and consist of units 1 and 3 which is a 4,166 sf unit - $1,500.00, unit 2 is 2,500 sf - $895.83, unit 4 is a 1,660 sf unit - $783.33 and unit 5 is also 1,660 sf - $725.00. Building square foot average rate is $4.68. with current rentals within the area between $8.00 to $10.00 psf range (if you can find one). Zoned light industrial - warehouse has access from the main street (SE 12th Ct) as well as the paved alley. NOTE: There are 2 ADDITIONAL income producing fenced yards that could be purchased for an additional $500,000. Currently rented as yard storage with 44+/- vehicles, trailers, trucks, etc. with monthly income of $3,520. ($80 per month / stall). The yard on SE 10th Street is also on a gulf access waterfront canal.

Essential Information

MLS® #: 218024391
Price: $650,000
$/SqFt: $14
Date Listed: March 29th, 2018
Approx.Living Area: 44,864
Acres: 1.03
Year Built: 1977
Type: Commercial
Sub-Type: Industrial: Flex Space, Industrial: Manufacturing, Industrial: Office Showroom, Industrial: Warehouse
Status: Active

Community Information

Address: 1014 Se 12th Ct
Area: CC14 - Cape Coral Unit 16,18,22-
City: CAPE CORAL
County: Lee
State: FL
Zip Code: 33990

Amenities

Utilities: Electric, Phone Line, Sewer, Trash Removal, Water, 3-Phase Electric, Single Phase Electric
Waterfront: None

Interior

# of Stories: 1

Exterior

Lot Description: 150

Additional Information

Zoning: I-1
Foreclosure: No
Short Sale: No

Listing Details

Listing Office: Phil Deems Real Estate

Financials

Total Tax Bill: $4,808
Tax Year: 2017

The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.