$6,100,000

Premier Commercial is pleased to present the opportunity to acquire 1048 Castello Drive, a ±16,365 square foot, two-story commercial facility situated on ±1.66 acres in Naples, Florida. Constructed in 1976 and substantially renovated in 2014, the property features ±94 on site parking spaces, equating to 5.74 spaces per 1,000 square feet. Currently configured for church and assembly use with sanctuary, classroom, meeting, office, and gathering areas, the building will be delivered vacant at closing, giving a buyer immediate control of the asset. The property is zoned C3, Commercial Intermediate District, and is located within the Mixed Use Activity Center Subdistrict. The future land use designation provides for commercial, residential, hotel and motel, and other uses, creating flexibility for owner users, investors, and operators seeking to reposition the property for alternative uses, subject to applicable approvals. Positioned along Castello Drive, the property benefits from an established commercial setting with nearby residential neighborhoods and complementary commercial zoning. The site is bordered by C1 zoning to the north, C3 zoning to the west, and residential zoning to the south and east, while approved site improvements include paved parking, landscaped buffers, and internal circulation supporting continued commercial use and future repositioning.