1615 SE 47th Terrace $1,072,000

3,634 two unit building in good condition located in CRA district. The property is zoned SC which is a very flexible zoning. The property has been previously used as an insurance office, Real Estate office, Deli, and now is being used as a Bakery and Crafts Studio. Flexible sales options are available. The property can be purchased vacant as the seller has the right to have tenants vacate upon a sale or it can be purchased occupied. The property is currently leased to two tenants generating a Net Operating Income of $44,816.00 based on current owners leases and operating expenses. Both tenants leases are expiring this year and both have expressed interest in staying. The best times to show the property are as follows: 9:30 AM to 11:30 AM or 5:00 to 5:45 PM
General Amenities
Lot Acres
0.22
Year Built
1978
Virtual Tour
1615 SE 47th Terrace
Cape Coral, Florida 33904
United States
County: Lee
Sale Type: For Sale
Ref #: 2026002275
Category: Commercial
Listed by Professional Realty
Lot Acres
0.22
Year Built
1978
Lot Acres
0.22
Year Built
1978
Virtual Tour
1615 SE 47th Terrace
Cape Coral, Florida 33904
United States
County: Lee
Sale Type: For Sale
Ref #: 2026002275
Category: Commercial
Listed by Professional Realty