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    FOR SALE
    Office Units

    1015 5Th Ave N Naples, FL 34102

    1,762 SF Built 1974
    Property ID
    US18-Q011139
    1015 5Th Ave N, Naples, FL 34102 For Sale 1 / 25
    $949,000 1,762 SF
    1015 5Th Ave N, Naples, FL 34102
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    AI-generated overview

    Fantastic opportunity to own two units in desirable Municipal Plaza. Municipal Plaza is located in the D-Downtown district. Convenient to City Hall, restaurants, new playhouse, medical services, Naples building dept., and much more. Units 1013 & 1015 have been "opened up" and combined to create one large 1,762 Sqft space with 10' ceilings and two bathrooms. They present an ideal location for most types of professional office/retail use with a great mix of business already established in the plaza. Convenient rear alley access is provided by a large overhead door. New buyer has the option to install covered parking in the rear alley way (see pictures). The units can be easily modified to suit a new owner’s needs. Entire plaza has been recently upgraded with brand new impact glass store fronts and the association boasts substantial invested financial reserves.

    Property profile
    Verified
    Property type Office Units
    Year built 1974
    Total area 1,762 SF
    UPID US18-Q011139
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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    1015 5Th Ave N, Naples, FL, 34102
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