Property Listing No Longer Available for Sale

5051 Castello Drive, Naples, FL

Office for Sale - $2,900,000 - 17,330 Sq. Ft. on 0.81 acres


Property Info

CIMLS#968363
Location
  5051 Castello Drive
  Naples FL 34103
UpdatedOctober 12th, 2017
TypeOffice
Price$2,900,000
Building17,330 Sq. Ft.
Land0.81 acres

Property Description

CHECK OUT THE 3D TOUR! This 2-story, atrium-style, free-standing office building is a 'diamond in the rough.' Currently there is an executive suite business at the building, with an on-site manger, but it is operating well below its potential. The leases are all less than one year with many on a month to month basis. The business is included in the sale but is not generating a lot of revenue at this time. A buyer could be an end-user, or re-develop for investment, or improve upon the executive suite business. There are a total of 83 offices on the two floors, 2 bathrooms on each floor, as well as a small kitchenette, mail center, copy center and conference room. It is of concrete block construction with a metal roof, and 63 parking spaces surround the building.

Location Description:

Great North Naples location just south of Pine Ridge Road behind Outback Steakhouse. Entrance off Goodlette Road via Pompei Lane and entrance off 41 via Castello Drive.

Highlights:

>> Free Standing, two story office building

>> Great North/Central Naples location

>> Executive suite business currently operating below potential

>> Ideal for end-user or re-development/investment

>> Located in a high income demographic area

>> .81 acres

>> Built in 1984

>> C-1 Zoning

* Email for additional photos


Financials