1014 Se 12th Ct, CAPE CORAL

$650,000

0 Beds
0 Baths
10,000 Sqft
1.03 Acres
0 Garages

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
Days on Market565
MLS® #218024391
Price$650,000
Bathrooms0.00
Square Footage10,000
Square Footage0.00
Acres1.03
Year Built1977
TypeCommercial Sale
Sub-TypeIndustrial
StatusActive
Pool
Private PoolNo
Community Information
Address1014 Se 12th Ct
CityCAPE CORAL
CountyLee
StateFL
Zip Code33990
Area

CC14 - Cape Coral Unit 16,18,22-

Utilities

Electricity Available, Phone Available, Sewer Available, Water Available

Interior
# of Stories1
Listing Details
OfficePhil Deems Real Estate
LISTING MAP

Get directions to this property:

Naples Area Board of Realtors Logo The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2019 Southwest Florida MLS organizations.. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

The data relating to real estate for sale on this Website come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Equity Realty are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program.

Sign up for email updates!