5460 Bayshore Rd - Office/Residential FOR SALE


North Fort Myers, FL 33917
$449,000 USD
239-777-9720
5460 Bayshore Rd, North Fort Myers, FL for Sale
$449,000 USD
Office/Residential - FOR SALE
1/12
null | 6% Cap Rate

5460 Bayshore Rd
North Fort Myers, FL 33917


HIGHLIGHTS

  • high traffic
  • Main road
  • Open floor plan
  • Multi-use
  • Freestanding

OVERVIEW

This property is located in a vibrant and rapidly evolving neighborhood of North Fort Myers, positioned directly along Bayshore Road. This road has emerged as a primary access route to the thriving areas of Cape Coral, Babcock Ranch, and Fort Myers. The property is conveniently situated near the Winn-Dixie Plaza, which is set to undergo significant renovations, transforming into an Aldi and a Five Below store. This development adds to the area's appeal, complemented by a substantial construction project directly across the road. In addition to its prime location, the property benefits from easy access to Interstate 75, enhancing connectivity to neighboring regions, including the growing Cape Coral and Babcock Ranch areas. This strategic positioning makes it an exceptional option for both commercial and residential applications. Historically, this versatile space has successfully functioned as both an office and a retail establishment, showcasing its adaptability to various business needs. Presently, it is leased as a residential home; however, the current tenants have the option to vacate upon the closing of the sale or to continue their lease, offering valuable flexibility for the new owner. This arrangement presents multiple possibilities for prospective buyers, whether they are looking to maintain it as a rental property or repurpose it for commercial endeavors.

FOR SALE DETAILS

PRICE

$449,000 USD

PRICE/SF

$207 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

C-1A

APN/PARCEL ID

36-43-24-01-0000A.0550

ASK ABOUT THIS PROPERTY

David CloseCaloosa River IncMore Info
239-777-9720

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David CloseCaloosa River IncMore Info
239-777-9720

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