2150-2164 w. First St. Downtownish Fort Myers w/ Parking!

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2150-2164 w. First St. Downtownish Fort Myers w/ Parking!

fort-myers, FL 33901
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

Situated at 2150-2164 West First Street, this retail property is positioned on the edge of the Downtown Fort Myers historic district. The neighborhood is characterized by a mix of professional offices, local culinary establishments, and municipal buildings. The location benefits from high visibility along a major surface artery and provides direct access to the Caloosahatchee River waterfront. Transportation access is convenient via nearby US-41 and SR-80, and the property includes rare dedicated on-site parking, a significant amenity for the urban core. The building is suited for businesses seeking a high-traffic environment within a walkable commercial submarket. Ideal use cases include boutique retail, specialized showrooms, or personal service providers such as salons and fitness studios. The typical tenant profile consists of established local operators or regional franchises looking to leverage the area’s daytime professional population and growing residential density. Its layout and street-front presence support various configurations for high-end retail or customer-facing professional services.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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