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$ 4,750,000
Est. payment | /mo
3.82 Acres Lot
$ 4,750,000
Est. payment | /mo
3.82 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail-Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2250255
Annual Tax Amount $16,956
Tax Year 2023
Lot Size 3.820 Acres
Property Sub-Type Retail-Commercial
Property Description
IMAGINE, THE ISLAND COW VILLAGE! RESIDENTIAL and COMMERCIAL Combined development APPROVED for the following uses: A RESTAURANT within the General Commercial District and EIGHT RESIDENTIAL home sites.
(3 SINGLE FAMILY residences, 1 DUPLEX, and 1 TRIPLEX).
Previously home to the well-established and highly profitable ISLAND COW RESTAURANT with an EXCEPTIONAL REPUTATION and following from both locals and tourists. The sale includes the land, business rights, APPROVED PLANS and the ISLAND COW BRAND. PRIME LOCATION next to the Community House along the Islands main thoroughfare with excellent exposure. Ideal location near the City Center with high volume of pedestrian, cyclist and vehicle traffic. Turnkey project- with plans included! CONTRACTORS, ENGINEERS AND RESTAURANT DESIGNERS SET TO START! Estimated restaurant build time: eight months with the current builder and approved plans.
Investment Highlights:
Approved plans to EXPAND RESTAURANT SEATING CAPACITY and allow for the
DEVELOPMENT OF EIGHT RESIDENTIAL DWELLINGS. Flexibility to DEVELOP IN PHASES, starting with the construction of the restaurant allows for faster income with a fully operational restaurant. Installing the necessary infrastructure: roads, plumbing, and electrical systems to support the residential lots ENSURE FUTURE INVESTMENT PROFITS. LONG-TERM VALUE: Residential Infrastructure development enhances the property's worth, regardless of the residential development path chosen. Build and Sell, Build and lease, sell individual lots or sell to a developer.
STRATEGIC PHASING: STAGGERED INVESTMENT APPROACH BY DEVELOPING IN PHASES ALLOWS FOR OPTIMIZING CASH FLOW AND RISK MANAGEMENT.
(3 SINGLE FAMILY residences, 1 DUPLEX, and 1 TRIPLEX).
Previously home to the well-established and highly profitable ISLAND COW RESTAURANT with an EXCEPTIONAL REPUTATION and following from both locals and tourists. The sale includes the land, business rights, APPROVED PLANS and the ISLAND COW BRAND. PRIME LOCATION next to the Community House along the Islands main thoroughfare with excellent exposure. Ideal location near the City Center with high volume of pedestrian, cyclist and vehicle traffic. Turnkey project- with plans included! CONTRACTORS, ENGINEERS AND RESTAURANT DESIGNERS SET TO START! Estimated restaurant build time: eight months with the current builder and approved plans.
Investment Highlights:
Approved plans to EXPAND RESTAURANT SEATING CAPACITY and allow for the
DEVELOPMENT OF EIGHT RESIDENTIAL DWELLINGS. Flexibility to DEVELOP IN PHASES, starting with the construction of the restaurant allows for faster income with a fully operational restaurant. Installing the necessary infrastructure: roads, plumbing, and electrical systems to support the residential lots ENSURE FUTURE INVESTMENT PROFITS. LONG-TERM VALUE: Residential Infrastructure development enhances the property's worth, regardless of the residential development path chosen. Build and Sell, Build and lease, sell individual lots or sell to a developer.
STRATEGIC PHASING: STAGGERED INVESTMENT APPROACH BY DEVELOPING IN PHASES ALLOWS FOR OPTIMIZING CASH FLOW AND RISK MANAGEMENT.
Location
State FL
County Lee County
Zoning Gen. Commercial
Exterior
Exterior Feature Open Parking
Waterfront Description No
Building
Sewer City
Water City
Listed by Dawn Marie Ramsey • Pfeifer Realty Group LLC
“My goal is to guide you through every step of the process, providing expert advice and personalized service to ensure your real estate journey is seamless and stress-free. With Pfeifer Realty Group, you’re not just getting an agent – you’re gaining a trusted partner.”