1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue Fort Myers, FL $ 1,600,000
1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue
$ 1,600,000
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1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue

Fort Myers, FL, 33901
$ 1,600,000
Bedrooms-- Baths--

Monthly Estimate*

$ 9,851

1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue, Fort Myers, FL 33901 - Image 1
1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue, Fort Myers, FL 33901 - Image 2
1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue, Fort Myers, FL 33901 - Image 3
1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue, Fort Myers, FL 33901 - Image 4
1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue, Fort Myers, FL 33901 - Image 5
1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue, Fort Myers, FL 33901 - Image 6
1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue, Fort Myers, FL 33901 - Image 7
1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue, Fort Myers, FL 33901 - Image 8
1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue, Fort Myers, FL 33901 - Image 9
1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue, Fort Myers, FL 33901 - Image 10
1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue, Fort Myers, FL 33901 - Image 11
1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue, Fort Myers, FL 33901 - Image 12
1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue, Fort Myers, FL 33901 - Image 13
1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue, Fort Myers, FL 33901 - Image 14
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1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue, Fort Myers, FL 33901 - Image 16
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1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue, Fort Myers, FL 33901 - Image 20
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Commercial Property for sale in Fort Myers, FL

for $1,600,000. This building was built in 1967 on a lot size of 0.302.

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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Commercial Active

Price

$ 1,600,000

Property Type

Commercial

Taxes

$ 23,000

Style

Retail

Lot Size

0.302

Year Built

1967

Town/City

Fort Myers

County/Region

Lee

MLS | Web ID

2025025137

Features
General
Utilities Electricity Available Other Sewer Available Trash Collection Water Available
HOA Fee 0
Year Built 1967
Property Subtype Retail
Tax Year 2024
Current Use Mixed Use
Business Type Other
Waterfront Features None
HOA Fee 2 0
County Lee
Property Type Commercial Sale
Status Active
Directions Please utilize GPS for the most accurate routing information and traffic predictions.
City Fort Myers
Land Lease Amount 0
Zoning Description CI
MLS Area FM02 - Fort Myers Area
Lot Size Units Acres
Tax Annual Amount 23000
Property Condition Resale
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025025137
Standard Status Active
Property Sub Type Additional Retail Commercial Special Purpose
Legal Description 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
HOA Fee 3 0
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
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Exterior
Lot Size Area 0.302
Lot Size Acres 0.302
Lot Size Source Appraiser
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Erin Harrel

Listing Agent

Keller Williams Realty Fort Myers And The Islands

Broker

239-470-1395

Contact

Affordability Calculator

$11,768
Per Month
84%
16%
0%
Monthly Principal & Interest
$9,851
Monthly Property Taxes
$1,917
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$1,600,000 Listed Price

Map


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1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue, Fort Myers, FL, 33901 is a Commercial Property for sale at $1,600,000 with a lot size of 0.302. 1940 Jefferson Ave, 1937-1945 & 1938-1946 Suwanee Avenue was built in 1967. The property's zip code is 33901 which is in Fort Myers, FL