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Seller Financing available with 500K down, 9% interest only and balloon in 3-5 Years. Don’t miss this opportunity located Northeast of Pine Island Road (SR 78) and Chiquita Parkway. The property is zoned Commercial Corridor (CC) with multiple uses allowed. Future land use is Pine Island Road District. The Property Owners have worked with Avalon Engineering for shovel ready plans for two Flex Warehouse buildings on 1.95 acres. Building A features 11,976 sq ft building with 8 rentable units and Building B features 10,487 sq ft building with 7 rentable units. 4 Units are 1521 sq ft and the remaining 11 units are 1489 sq ft. Pine Island Road is the city’s northernmost relevant east/west arterial. With over 3500 multifamily units approved along the corridor and multiple large scale commercial developments under construction this location is ideal for anyone looking to develop.

PROPERTY FEATURES

Utilities : CableAvailable,ElectricityAvailable,PhoneAvailable,SewerAvailable,TrashCollection,WaterAvailable Water Source : Public Sewer System : PublicSewer
Community Features : NonGated
Lot Features : MultipleLots,OversizedLot Waterfront : Yes. Waterfront Features : CanalAccess
Property Sub-Type Additional : Commercial,UnimprovedLand Current Use : Commercial,Other,SeeRemarks Zoning Description : CORR

PROPERTY DETAILS

Street Address: 525-531 Chiquita Boulevard
City: Cape Coral
State: Florida
Postal Code: 33991
County: Lee
MLS Number: 224036067
Courtesy of RE/MAX Trend

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