$7,350,000

Sold Price:

$6,800,000

Sold Date:

01/25/2024

MLS# 223053196

3940 Prospect Ave, Naples, FL 34104

Commercial Only - 28,466 ft² / 28,466 ft²

Sale

Built 2000

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.

Looking to Sell Your Property? Contact our Area Specialist to get a free Comparative Market Analysis and maximize your property's exposure to thousand of potential buyers!

Oleg Mikhailov

Area Specialist, REALTOR®
Broker Associate
GRI - Graduate Realtor Institute

Luxury of Naples Group at Amerivest Realty

Phone: (239) 280-1237

Website: https://www.realtyofnaples.com

Bio: Oleg is a specialist who has been living in Naples since 1999 and is familiar with Naples, Bonita Springs, and Marco Island, and all the neighborhoods inside-out. He has the ability to assist you in selecting the best for your family's needs. With his knowledge you can be sure that you'll be comfortable with him as your Real Estate Agent. [ More... ]

This property is courtesy of Bartley Realty LLLP. *Just Listed: new properties that came on the market within the last 30 days.
*Decrease/Increase: listing values that are being recorded within the last 30 days.
*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.

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