3940 Prospect AVE, Naples, FL 34104

$6,800,000
28,466
SqFt

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Sold Price
$6,800,000
List Price
$7,350,000
Status
CLOSED
Days on Market
188
Closing Date
Jan 25, 2024
MLS#
223053196
Subtype
Commercial Sale
Year Built
2000
Living Area
28,466
Lot Size
102,366
Acres
2.35
MLS Area Major
NA17 - N/O Davis Blvd

Property Description

Invest Smart with Mangrove Business Center: Prime 1031 Exchange Opportunity. Unlock the potential of 1031 exchange funds with the Mangrove Business Center, a lucrative industrial investment property nestled at 3940 Prospect Ave in Naples, FL. Spanning an impressive 28,466 square feet and featuring six units, this property promises a solid return on your investment. At present, these units are thoughtfully leased to a diverse array of tenants, including a Not-for-profit food bank, fitness studio, plumbing and building supplies provider, custom cabinet company, and a national pest control company. The blend of tenants ensures a stable and diversified income stream. Located in the heart of a prime industrial zone in Naples, Mangrove Business Center offers investors a golden opportunity. Its proximity to major highways and thriving businesses enhances its appeal, making it a strategic choice for those seeking to invest in Naples FL commercial real estate. Elevate your investment portfolio with the Mangrove Business Center.

Additional Information

Taxes
$56,451
Stories
1
Levels
1

Courtesy of Bartley Realty LLLP.

Selling Office: Bartley Realty LLLP.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.