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This exceptional 53,244-square-foot property in Fort Myers, Florida, presents a unique investment opportunity. Situated on a 4.64-acre lot zoned CG, this multi-building campus offers diverse income streams and significant expansion potential. The main building, a 18,440-square-foot sanctuary, features ample seating, a stage, baptismal, band area, fellowship hall, welcome center, and a wired sound studio. All buildings are equipped with fire safety systems, including sprinklers and Starlink. A second building, approximately 18,000 square feet, currently serves as a dormitory but is easily adaptable for school use, including offices, showers, and a full commercial kitchen. A third building provides retail space with several existing tenants, generating additional income at an average rate of $14 per square foot. The property boasts ample, recently repaved parking and additional courtyards. Built in 1981, this property offers a 7.76% pro-forma cap rate and a $760,440 pro-forma NOI, with an asking price of $9,800,000 ($184.06/sq ft). One loading dock and one dock-high door are available. This adaptable space aligns perfectly with the Downtown Expansion Redevelopment plan, making it an ideal investment for a variety of uses.
Highlights
Three-building portfolio on a 4.64-acre lot in Fort Myers, FL.
Commercial General (CG) zoning allows for diverse uses.
Building A: 18,440 SF religious facility with ample seating, stage, and sound studio.
Building B: ~18,000 SF adaptable space, currently a dormitory, suitable for offices or school use, including kitchen and showers.
Building C: 17,288 SF retail space with existing tenants generating $14/SF average rent.
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Contacts
Julie Clapp
Joanne Fultz
Matthew Tuccio
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2120 Collier Ave, Fort Myers, Florida, 33901
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.