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Historic Bed & Breakfast with Café
For Sale
$1,599,999

2135 McGregor Blvd, Fort Myers, FL 33901

Licensed hospitality property with guest suites, owner accommodations, office space, and an operating café component.

Property Size4,009 SF
Price / SF$399.10
Days on Market207

Property Features for 2135 McGregor Blvd

General Information

Standard status Active
Size 4,009 SF
Property subtype Commercial

Additional Details

Furnished Yes
Business Included Yes
Equipment Included Yes

Building Details

Year Built 1911
Listing Agency: Royal Shell Real Estate, Inc.
Listed By: Melissa Smith · License #258028492
Source: Napleshomesearcher
Added: Mar 21 Changed: Oct 1 Last Checked: Oct 12 at 7:50PM

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 Royal Shell Real Estate, Inc.

Investment Insights

Based on property information with market context.

This 4,009-square-foot bed and breakfast property combines guest accommodations with an on-site café. The layout includes five guest suites, each with a private entrance and en-suite bath, along with an owner’s suite and office space. The sale includes the real estate, hospitality and café operations, food and beverage and lodging licenses, plus furniture, fixtures, and equipment.

Built in 1911, the property is located at 2135 McGregor Blvd in Fort Myers. It sits across from First Street Publix and First Watch and is within walking distance of the Downtown River District, Edison & Ford Winter Estates, Centennial Park, the Caloosahatchee River, marinas, shopping, dining, galleries, entertainment, and community events.

Key Highlights

  • Five guest suites with private entrances and en‑suite baths
  • 4,009‑square‑foot bed and breakfast property
  • Includes owner’s suite and office space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,647
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,272,940 $1.3M
Cap Rate 7%
$909,243 $909.2K
Cap Rate 9%
$707,189 $707.2K
Market Conditions
NOI Build-Up for 4,009 SF
Gross rent
$86.6K $21.60/SF
− Vacancy
−$1.7K −$0.43/SF
EGI
$84.9K $21.17/SF
− OpEx
−$21.2K −$5.29/SF
NOI
$63.6K $15.88/SF
Area
Lee County, FL
Vacancy
2.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,272,940
Cap Rate 7%
$909,243
Cap Rate 9%
$707,189

Alternative Uses

Best Use
Specialty Retail
$909.2K
$795.6K – $1.06M (±1% cap)
NOI $63,647 @ 7.0% cap · market cap 3.98%
Second Best
Hotel Hospitality
$334.6K
$292.8K – $390.4K (±1% cap)
NOI $23,423 @ 7.0% cap · market cap 1.46%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $88,326 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

The Hibiscus House of Fort ... Hotel & Motel Elite Restoration Guys Hardware & Home Improvement

Suggested Use

Top Pick Storage Facility Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,265
Businesses Nearby
117k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 37% Groceries 32% Shops & Services 26% Hotels & Casinos 5%
Publix Groceries
37,767 visits/mo 0.2 miles
RaceTrac Shops & Services
25,274 visits/mo 0.3 miles
Ford's Garage Dining
15,286 visits/mo 0.5 miles
Dunkin' Donuts Dining
8,194 visits/mo 0.4 miles
Starbucks Dining
7,994 visits/mo 0.5 miles

Demographics for 33901, FL

22,629
Population
11,709
Households
1.9
Avg Household Size
43
Median Age
29%
College-Educated
83%
High-School Grad
6.2 sq mi
ZIP Area
3,650
Density / Sq Mi
$51,579
Median Household Income
$37,233
Median Earnings
$1,291
Median Rent
$280,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Edison & Ford Estate — 2300 mcgregor blvd, fort myers, fl 33901
  • Hubler Paradise — 1865 Lafayette St, Fort Myers, FL 33901
  • The Hibiscus House of Fort Myers — 2135 McGregor Blvd, Fort Myers, FL 33901
  • Victoria Apartments — 2140 Victoria Ave, Fort Myers, FL 33901
  • ashlar apartments — fort myers, fl 33901

Frequently Asked Questions

What type of property is this?
Bed & breakfast - Licensed hospitality property with guest suites, owner accommodations, office space, and an operating café component.
Where is this bed & breakfast located?
The property is located at 2135 McGregor Blvd Fort Myers, FL.
What is the asking price?
The asking price for this property is $1,599,999.
What are key features of this property?
This property features: Five guest suites with private entrances and en‑suite baths; 4,009‑square‑foot bed and breakfast property; Includes owner’s suite and office space
More about this property
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