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$1,600,000
39 Days On Site

1940 JEFFERSON AVE, 1937-1945 & 1938-1946 SUWANEE AVENUE
FORT MYERS, FL 33901

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
15,000
SqFt
$107
/SqFt
1967
Built
Subdivision:
PALMLEE PARK
County:
Lee
Call Now: 941-202-6505
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941-202-6505
1940 JEFFERSON AVE, 1937-1945 & 1938-1946 SUWANEE AVENUE1940 JEFFERSON AVE, 1937-1945 & 1938-1946 SUWANEE AVENUE1940 JEFFERSON AVE, 1937-1945 & 1938-1946 SUWANEE AVENUE1940 JEFFERSON AVE, 1937-1945 & 1938-1946 SUWANEE AVENUE
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Monthly Payment (Est.)

$7,300
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$1,600,000
Days On Site 
39 Days
Bedrooms 
N/A
Inside Area (SqFt) 
15,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3 Acres
Year Built 
1967
MLS® Number 
C7519155
Status 
Active
Property Tax 
$23,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.3
Foundation 
Slab
Levels 
One
Number Of Stories 
1
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
SqFt Total 
15000
Utilities 
Electricity AvailableOtherWater Connected
Water Source 
Public
Zoning 
CI
Interior Features
Cooling 
Central Air
Heating 
Central
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Exterior Features
Construction Details 
Stucco
Lot Features 
Other
Other Structures 
Other
Road Frontage 
County Road
Roof 
Other
Community Features
Financing Terms Available 
CashConventional
MLS Area 
33901 - Fort Myers
Roads 
Paved
Township 
44
Listing courtesy of KELLER WILLIAMS REALTY FT MYER (239) 462-6885

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Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-02-13 01:18 PM EST

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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