49 8th St N Naples, FL 34102

Listing office Saggio Realty

Listing date Jun 5, 2023

Source Crexi

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Investment Insights

Based on property information with market context.

This commercial office space presents an excellent opportunity to acquire a Class A location. Potential seller financing is available. The property features a rare medical-approved parking ratio west of 41 on Central Avenue and is within walking distance of 5th Avenue. This first-floor, single-tenant, free-standing medical office is ready for new tenants or an owner-occupant. The location is steps away from historic downtown Naples, situated on a newly developed street with good foot traffic. The zoning is O under the CRA overlay zone, allowing for redevelopment for typical mixed-use, with the possibility of two stories for medical purposes. Lease rates in the area range from $55 to $60 per square foot. Comps include Lola 41 Restaurant at 560 9th St South, Smith Organic's at 944 7th Ave N, and Modani Napes at 110 9th S (Us 41). The 2022 tax bill was $7,705.11.

Key Highlights

• Rare medical‑approved parking ratio West of 41 on Central Ave, walking distance to 5th Ave.
• First‑floor, single‑tenant, free‑standing medical office.
• Class A location office space steps away from historic downtown Naples.

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FAQs

What type of property is this?

Medical Office Space - Rare medical-approved parking ratio near downtown Naples.

Where is this medical office space located?

The property is located at 49 8th St N Naples, FL.

What is the asking price?

The asking price for this property is $3,800,000.

What are key features of this property?

This property features: Rare medical‑approved parking ratio West of 41 on Central Ave, walking distance to 5th Ave.; First‑floor, single‑tenant, free‑standing medical office.; Class A location office space steps away from historic downtown Naples.