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    3900 Broadway
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    PRICED AT ONLY: $3,750,000

    Address: 3900 Broadway, FORT MYERS, FL 33901

    Description

    The best passive income property money can buy is being sold for UNDER Appraised value! Over $33,000 a month in gross rent with the ability build an additional 4 stories taller, giving you a solid return on your investment with the potential to add on dozens of more rental units! Located across from the street from the soon to be redeveloped Edison Mall, these 4 concrete block buildings sitting on over 2+acres are 95% leased to great, long term tenants with security deposits and advanced rents, mostly in the medical or professional fields and is a very well kept & well run property! Property is grandfathered in for a local well to use for irrigation, saving you a bunch of money on your lawn bill! Simple expenses such as water, landscaping, insurance and taxes. Tenants pay their own electric. 24000+ Sq ft of lease able space, 240 Ft of Broadway frontage, over 100 parking spaces and borders other commercial properties with residential just up the block. Newer laminate flooring in most units. See Supplements for Offering Packet with full details and appraisal information. Local owner is retiring, this is your opportunity to have a long term investment in a rapidly growing part of Fort Myers.
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    • MLS#: 226013605 ( Commercial Sale )
    • Street Address: 3900 Broadway
    • Viewed: 8
    • Price: $3,750,000
    • Price sqft: $150
    • Waterfront: No
    • Waterfront Type: None
    • Year Built: 1973
    • Bldg sqft: 24935
    • Acreage: 2.72 acres
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    Features
    Building and Construction
    • Living Area: 24935
    Utilities
    • Utilities: Electricity Connected, Water Connected
    Finance and Tax Information
    • Tax Year: 2025
    Other Features
    • Parcel Number: 36-44-24-P1-00015.0000
    • Year Established: 1973
    • Zoning Code: CI

    Contact Info

    1. We are the World
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