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1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenu

Fort Myers, FL 33901
  • $1,600,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: C7519155
UPDATED: 31 min ago
$1,600,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,000
    SQFT
  • $107
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1967
County:
Lee
Area:

School Ratings & Info

Description

This income-producing commercial portfolio presents a compelling opportunity for investors seeking stable cash flow and long-term upside in a central Fort Myers location. The offering consists of three separate commercial buildings totaling eight individual units, all fully leased and collectively encompassing approximately 15,000 square feet. The properties are currently 100% occupied with tenants operating on month-to-month agreements, providing immediate income while preserving flexibility for future repositioning or lease restructuring. The tenant mix includes a salon, multiple churches, a thrift store, and a thrift furniture retailer, creating a diversified income base with established local users. The portfolio generates a gross monthly rent of approximately $10,500, offering strong in-place cash flow from day one. Annual property taxes are approximately $23,000, allowing for clear expense forecasting. All buildings feature original tar-and-gravel flat roofs, with replacement costs estimated in the $100,000–$150,000 range, presenting a transparent capital planning item and an opportunity for value enhancement through future improvements. The properties’ configuration and occupancy profile make them well-suited for investors focused on steady returns, redevelopment potential, or gradual value-add strategies. Located in a well-established commercial corridor, the portfolio benefits from strong local demand, visibility, and accessibility to surrounding neighborhoods and business districts. Whether held as a stabilized income asset or improved over time to increase rents and overall value, this multi-building commercial offering delivers scale, diversification, and income in one of Fort Myers’ core areas.

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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-01-14T11:46:11.193.
www.clearwaterbeachhomesforsale.com/homes/171723091
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1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenu Fort Myers, FL 33901

  • Price: $1,600,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 31 min ago
  • MLS #: C7519155
0
Beds
0
Baths
0
½ Baths
0.3
Acres
15,000
SQFT
$107
$/SQFT
1967
Built
Neighborhood:
Palmlee Park
County:
Lee
Area:
Fort Myers
Property Description
This income-producing commercial portfolio presents a compelling opportunity for investors seeking stable cash flow and long-term upside in a central Fort Myers location. The offering consists of three separate commercial buildings totaling eight individual units, all fully leased and collectively encompassing approximately 15,000 square feet. The properties are currently 100% occupied with tenants operating on month-to-month agreements, providing immediate income while preserving flexibility for future repositioning or lease restructuring. The tenant mix includes a salon, multiple churches, a thrift store, and a thrift furniture retailer, creating a diversified income base with established local users. The portfolio generates a gross monthly rent of approximately $10,500, offering strong in-place cash flow from day one. Annual property taxes are approximately $23,000, allowing for clear expense forecasting. All buildings feature original tar-and-gravel flat roofs, with replacement costs estimated in the $100,000–$150,000 range, presenting a transparent capital planning item and an opportunity for value enhancement through future improvements. The properties’ configuration and occupancy profile make them well-suited for investors focused on steady returns, redevelopment potential, or gradual value-add strategies. Located in a well-established commercial corridor, the portfolio benefits from strong local demand, visibility, and accessibility to surrounding neighborhoods and business districts. Whether held as a stabilized income asset or improved over time to increase rents and overall value, this multi-building commercial offering delivers scale, diversification, and income in one of Fort Myers’ core areas.
Exterior Features

Construction Materials Stucco Foundation Details Slab Lot Features Other Other Structures Other Road Frontage Type County Road Road Surface Type Paved Roof Other Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 15000 Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Levels One Sewer Public Sewer Stories Total 1 Water Source Public

Property Features

Flood Zone Code X Listing Terms CashConventional New Construction Yn No Ownership Other Property Condition Completed Property Sub Type Mixed Use Special Listing Conditions None Tax Annual Amount 23000 Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity AvailableOtherPublicWater Connected Zoning CI


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of KELLER WILLIAMS REALTY FT MYER: 239-236-4350.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-01-14T11:46:11.193.
 
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