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1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue
Fort Myers FL 33901 US

$1,600,000

Active Listing ID 2025025137
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Lot: 0.30 Acres
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Retail

$1,600,000

Active Listing ID 2025025137
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1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue This income-producing commercial portfolio presents a compelling opportunity for investors seeking stable cash flow and long-term upside in a central Fort Myers location. The offering consists of three separate commercial buildings totaling eight individual units, all fully leased and collectively encompassing approximately 15, 000 square feet. The properties are currently 100% occupied with tenants operating on month-to-month agreements, providing immediate income while preserving flexibility for future repositioning or lease restructuring. The sale also includes 1925 Suwanee Ave, Fort Myers, FL, 33901. The tenant mix includes a salon, multiple churches, a thrift store, and a thrift furniture retailer, creating a diversified income base with established local users. The portfolio generates a gross monthly rent of approximately $10, 500, offering strong in-place cash flow from day one. Annual property taxes are approximately $23, 000, allowing for clear expense forecasting. All buildings feature original tar-and-gravel flat roofs, with replacement costs estimated in the $100, 000-$150, 000 range, presenting a transparent capital planning item and an opportunity for value enhancement through future improvements. The properties' configuration and occupancy profile make them well-suited for investors focused on steady returns, redevelopment potential, or gradual value-add strategies. Located in a well-established commercial corridor, the portfolio benefits from strong local demand, visibility, and accessibility to surrounding neighborhoods and business districts. Whether held as a stabilized income asset or improved over time to increase rents and overall value, this multi-building commercial offering delivers scale, diversification, and income in one of Fort Myers' core areas.

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Property Features

  • Facts
  • Lot Size: 0.30 Acres
  • Property Type: Residential
  • Property Sub-type: Retail

Property

  • propertytype: Residential
  • propertysubtype: Retail
  • listprice: 1600000
  • unparsedaddress: 1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue
  • postalcity: Fort Myers
  • stateorprovince: FL
  • country: US
  • postalcode: 33901
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.302
  • lotsizeunits: Acres
  • lotsizearea: 0.302
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 26.606036
  • longitude: -81.872564
  • listagentfullname: Erin Harrel
  • listagentemail: erinharrel@kw.com
  • listagentkey: 3yd-FMSWFL-F3340237
  • listagentmlsid: F3340237
  • listagentpreferredphone: 2394701395
  • listagentofficephone: 2394701395
  • listofficekey: 3yd-FMSWFL-FKWFMI
  • listagentstatelicense: 258023198
  • listofficemlsid: FKWFMI
  • disclaimer: Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: FMSWFL
  • yearbuilt: 1967
  • listingcontractdate: 2026-01-05
  • listagentfax: 2394701395
  • listagenturl: http://www.erinharrel.kwrealty.com
  • countyorparish: Lee
  • parcelnumber: 35-44-24-P2-00833.0050
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -81.87257, 26.606035
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"KELLER WILLIAMS REALTY FORT MYERS AND THE ISLANDS", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"erinharrel@kw.com", "ListBrokerageCity":"Fort Myers", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Natascha@L5Leaders.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"KELLER WILLIAMS REALTY FORT MYERS AND THE ISLANDS", "ListBrokeragePhone":"(954) 295-7611", "ListBrokeragePostalCode":"33907", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"12840 University Dr", "ListBrokerageWebsiteUrl":"https://www.kwfortmyers.com", "ListOfficeAddress1":"12840 University Dr ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"FKWFMI", "ListOfficeCity":"Fort Myers", "ListOfficeCountry":"USA", "ListOfficeEmail":"klrw988@kw.com", "ListOfficePostalCode":"33907", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Fort Myers, FL", "ListingURL":null, "MLSModificationTimestamp":"2026-01-05 17:01:04", "Neighborhoods":[{"Description":null, "Name":"FM02 - Fort Myers Area"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":23000, "TaxDescription":"PALMLEE PARK BLK 33 PB 6 PG 1 LOTS 5 + 6, PALMLEE PARK BLK 33 PB 6 PG 1 LOTS 11 + 12, PALMLEE PARK BLK 34 PB 6 PG 1 LOTS 5 + 6", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/26/2026 11:01:16 PM GMT
Source Updated Date: 2/5/2026 6:45:18 PM GMT

Courtesy of: Erin Harrel, Keller Williams Realty Fort Myers and the Islands, erinharrel@kw.com

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.