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Executive Summary

Positioned in the heart of the Downtown Fort Myers River District, the historic Broadway Arcade presents a rare opportunity to own one of the city’s most iconic mixed-use commercial assets. Rich with architectural character and historic charm, this landmark property blends timeless appeal with the energy and momentum of one of Southwest Florida’s fastest-evolving urban cores. Featuring striking historic details, prominent frontage, and irreplaceable downtown real estate, the Broadway Arcade stands as both a legacy investment and a future-forward opportunity with amazing value-add potential. Surrounded by award-winning restaurants, nightlife, boutique retail, art galleries, entertainment venues, and the Caloosahatchee River waterfront, the property benefits from exceptional walkability and year-round foot traffic generated by residents, tourists, and a rapidly growing business community. This storied asset offers investors, developers, and visionary entrepreneurs the chance to capitalize on the continued renaissance of Downtown Fort Myers. The possibilities are as compelling as the property itself. Opportunities to acquire truly historic cornerstone properties in any emerging market are exceptionally limited. This your chance to own a meaningful piece of the city’s past, shaping its future, and collecting favorable yield along the way.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,249 SF
Building Class
C
Year Built/Renovated
1925/2000
Price
$5,476,195 CAD
Price Per SF
$447.07 CAD
Cap Rate
5.10%
NOI
$279,286 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.85
Lot Size
0.33 AC
Zoning
U-CTR

Amenities

  • Bus Line

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Empire Plumbing of SWFL
  • -
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • The Barber Effect
  • Services
  • -
  • $9.99
  • -
  • -
  • Volt City Scooters
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Empire Plumbing of SWFL - - $9.99 Lorem Ipsum Jan 0000
The Barber Effect Services - $9.99 - -
Volt City Scooters Retailer - $9.99 Lorem Ipsum -
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100

Nearby Major Retailers

Truist
First Horizon Bank
Starbucks
Publix
First Watch
Fifth Third Bank

Property Taxes

Property Taxes

Parcel Number
13-44-24-P4-00406.001D
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,829,466 CAD
  • Listing ID: 40542503

  • Date on Market: 2026-05-15

  • Last Updated:

  • Address: 1520 Broadway, Fort Myers, FL 33901

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