Sold

4599-4607 Fowler ST

FORT MYERS FL, 33907

$7,200,000


$102.79 per sqft

Sold

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 4, 2022

Listed

February 10, 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


Buyer Agency Compensation

2%

Bought with David Jennings, Alliance Realty Group and Listed by David Jennings, Alliance Realty Group

Listing Contact: (239) 274-6637 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Zach Rosen Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Southwest Florida Multiple Listing Service. All rights reserved.

Data last updated 10:34 AM UTC, 2/10/2024

Powered byLuxury Presence