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4406 Exchange Ave 2,018 SF Flex Condo Unit Offered at $830,572 CAD in Naples, FL 34104

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INVESTMENT HIGHLIGHTS

  • $295 per square foot with best location in the building. Fully air conditioned. In a FEMA 'X' zone - non-flood.

EXECUTIVE SUMMARY

These units are part of a well managed and maintained condo complex centrally located to the City of Naples and very close to the Naples airport. The two units are endcap units with direct exposure to traffic on Exchange Avenue. Highway access is also excellent; there is direct routing by way of Livingston Road or Radio Road to either the North or South I-75 interchange. These units are located in an 'X' zone according to FEMA, meaning they are not subject to flooding.

PROPERTY FACTS

Total Building Size 45,561 SF
Property Type Industrial (Condo)
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Refrigeration ColdStorage
  • FlexLight Distribution
Building Class B
Floors 1
Typical Floor Size 45,561 SF
Year Built 1985
Lot Size 2.38 AC
Parking Ratio 2.46/1,000 SF
Zoning Industrial - Industrial- Flex Space

AMENITIES

  • 24 Hour Access
  • Cooler
  • Security System
  • Signage
  • Wheelchair Accessible
  • Fluorescent Lighting
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

1 UNIT AVAILABLE

Unit 101/102

Unit Size 2,018 SF
Price $830,572 CAD
Price Per SF $411.58 CAD
Condo Use Flex
Sale Type Investment or Owner User
No. Parking Spaces 112
DESCRIPTION

These two units are at the very front of the building (endcap) facing Exchange Avenue with excellent exposure for passing traffic. Entry is on the east side of the building with a large awning covered window, presenting a nice appearance for customers, while the over-head door for warehouse access and deliveries is on the west side. There are three rooms in the front, one for reception and two for office or general use. One of these rooms provides pass-through to the warehouse in the rear. There is a single bathroom, centrally located, for convenient access from either offices or the warehouse.

The distinctive feature in the warehouse is a large walk-in cooler just over 400 sq.ft. in size. It is on a separate refrigeration system for climate control and could use a standby generator to handle power outages.  Extra attention has been given to security with impact glass in the front door and window and a new ‘hurricane rated’ overhead door in the rear. A four point lock is installed on the pedestrian door. Topping it off is a monitored security system with cameras.

It is part of a well managed and maintained condo complex centrally located to the City of Naples and very close to the Naples airport. Highway access is also excellent; there is direct routing via Radio Road to the I-75 interchange.  These units are located in an 'X' zone according to FEMA, meaning they are not subject to flooding.

SALE NOTES

For the right customer, this Flex Space, with its over-sized, dedicated cold storage area within the larger warehouse, offers the perfect solution to your specific requirements. This room is purposely designed and built to hold a very large wine collection, or what have you, with a dedicated cooling system.  In the event you do not need this amenity it can quickly and inexpensively be removed opening up nearly 500 more square feet of open warehouse.    As an investment property, Rents in this area range from $18 to $27 per sq.Ft. per year.

The insulated 'cold room' is not integrated into the building structure and should you require the full 1,500 sq.ft. of warehouse space it can be removed with minimal difficulty.

Units 101/102 Floor Plan
View Photo Units 101/102 Floor Plan
  • Listing ID: 33641212

  • Date on Market: 2024-10-25

  • Last Updated:

  • Address: 4406 Exchange Ave, Naples, FL 34104

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