1014 Se 12th Ct, CAPE CORAL

$650,000

0 Beds
0 Baths
44,864 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
MLS® #218024391
Price$650,000
Square Footage44,864
Acres1.03
Year Built1977
TypeCommercial
StatusActive
Sub-Type

Industrial: Manufacturing, Industrial: Warehouse, Industrial: Flex Space, Industrial: Office Showroom

Community Information
Address1014 Se 12th Ct
CityCAPE CORAL
CountyLee
StateFL
Zip Code33990
Area

CC14 - Cape Coral Unit 16,18,22-

Amenities
WaterfrontNone
Description WaterfrontNone
Utilities

3-Phase Electric, Electric, Phone Line, Sewer, Single Phase Electric, Trash Removal, Water

Interior
# of Stories1
Exterior
Lot Description150
Additional Information
Date ListedMarch 29th, 2018
ZoningI-1
Listing Details
OfficePhil Deems Real Estate
LISTING MAP

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The source of this real property information is the copyrighted and proprietary database compilation of the Bonita Springs-Estero Association of REALTORS®. Copyright 2019 MLS of Bonita Springs-Estero Association of REALTORS®. 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.

Listing information last updated on August 17th, 2019 at 2:30pm EDT.

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