1011-1065 5th Ave N - Office CONDO FOR SALE


Naples, FL 34102
$975,000 USD
239-370-2319
1011-1065 5th Ave N, Naples, FL for Sale
$975,000 USD
Office CONDO - FOR SALE
1/13
null | Request Cap Rate

1011-1065 5th Ave N
Naples, FL 34102


HIGHLIGHTS

  • 25,600 square foot office condo building located in the downtown district.
  • Rated as very walkable (Walk score -77) the property is within close proximity to city hall, restaurants, medical services, and Naples Building Dept.
  • Area within 3-square miles is forecasted to experience population growth of 15.9% between '24-'29.

OVERVIEW

Fantastic opportunity to own two units in desirable Municipal Plaza. Municipal Plaza is located in the D-Downtown district. Convenient to City Hall, restaurants, new playhouse, medical services, Naples building dept., and much more. Units 1013 & 1015 have been "opened up" and combined to create one large 1,762 Sqft space with 10' ceilings and two bathrooms. They present an ideal location for most types of professional office/retail use with a great mix of business already established in the plaza. Convenient rear alley access is provided by a large overhead door. New buyer has the option to install covered parking in the rear alley way (see pictures). The units can be easily modified to suit a new owner’s needs. Entire plaza has been recently upgraded with brand new impact glass store fronts and the association boasts substantial invested financial reserves. Units are currently owner occupied and will be vacant upon sale.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$553 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Telecom Hotel/Data Hosting, undefined

TOTAL BUILDING SIZE

25,621 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

62

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,598 SF

ZONING

D - Downtown

APN/PARCEL ID

13230040005

ASK ABOUT THIS PROPERTY

Filippo MastrocolaPremier Property ManagementMore Info
239-370-2319

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Filippo MastrocolaPremier Property ManagementMore Info
239-370-2319

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.