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Fowler Street Commercial Building For Sale

2119 Fowler Street Fort Myers, FL 33901

2119 Fowler Street, Fort Myers, FL, 33901

$899,000

For Sale

$899,000

4,850 SF CBS building with showroom and warehouse space.

Property Size4,850 SF

Lot Size0.18 Acres

Price / SF$185.36

AddedSep 13, 2024

Days on Market671

Last RefreshApr 6 at 1:27 am

Property Features for 2119 Fowler Street

General Information

Standard status: Active
Size: 4,850 SF
Lot size: 0.18 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1949

Listing office Phil Deems Real Estate

Listing date Sep 13, 2024

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Phil Deems Real Estate

Investment Insights

Based on property information with market context.

This commercial building offers 4,850 square feet of space. Constructed with CBS (Concrete Block System), the building features approximately 2,500 square feet of air-conditioned space. This area includes an entryway, lobby, showroom, three offices, a conference room, and a kitchen. The warehouse area incorporates 750 square feet of air-conditioned space, along with two workstations and a storage room. The building has 9-foot ceilings and one 10x8 overhead door. The property has frontage on Fowler Street.

Key Highlights

4,850 sf CBS building with Fowler Street frontage
Approximately 2,500 sf under air including lobby, showroom, offices, conference room, and kitchen
750 square feet of air‑conditioned warehouse space

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$87.3k	$18.00
− Vacancy	−$5.7k	−$1.17
EGI	$81.6k	$16.83
− OpEx	−$28.6k	−$5.89
NOI	$53.1k	$10.94

4,850 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 35.00%

Alternative Uses

Best Use

Flex RnD

$758.0K

$663.2K – $884.3K (±1% cap)

NOI $53,057 @ 7.0% cap · market cap 5.90%

Second Best

Warehouse

$706.4K

$618.1K – $824.2K (±1% cap)

NOI $49,450 @ 7.0% cap · market cap 5.50%

Theoretical Best

Office A

$1.53M

$1.34M – $1.78M (±1% cap)

NOI $106,855 @ 7.0% cap · market cap 11.89%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Chill Factor Performance Marketing & Advertising CRAZYARTSHIRTS Department Store

Suggested Use

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For sale
Flex space
FL
Fort Myers
33901
2119 Fowler Street

What type of property is this?

Flex space - 4,850 SF CBS building with showroom and warehouse space.

Where is this flex space located?

The property is located at 2119 Fowler Street Fort Myers, FL.

What is the asking price?

The asking price for this property is $899,000.

What are key features of this property?

This property features: 4,850 sf CBS building with Fowler Street frontage; Approximately 2,500 sf under air including lobby, showroom, offices, conference room, and kitchen; 750 square feet of air‑conditioned warehouse space