209 & 201 Olympia Ave, PUNTA GORDA

$810,000

0 Beds
0 Baths
4,277 Sqft
.16 Acres
0 Garages

Punta Gorda Downtown Location provides great walkability. Zoned CC CITY CENTER allowing for mixed use, this is a phenomenal location to run a business with a built-in revenue stream of $2600 a month from by 4 occupied apartments on the 2nd floor. In addition, there are 2 full bathrooms shared by the tenants and a balcony extending the length of the building providing a great view of the Farmers market on Saturdays and other local events. Previous use of 1st floor was a restaurant. Hood system in kitchen & 3 compartment commercial sink is still will remain with purchase.Space could easily be made back into a restaurant or converted to meet other business needs.The purchase will include the adjacent parcel allowing for parking on-site or the opportunity to build another structure.Check with city for building opportunities and requirements. Location has 184 ft of road frontage and an annual average daily traffic (AADT) of 11,000 vehicles per day (FDOT 2018). Property is also in relatively close proximity to I75 and the Punta Gorda Airport.The downstairs area is available to lease at $20 PSF Modified Gross!Information comes from users and sources that are believed to be reliable.

Essential Information
MLS® #219028635
Price$810,000
Square Footage4,277
Acres0.16
Year Built1935
TypeCommercial
StatusActive
Sub-Type

Lodging and Hospitality: Economy/Limited Service, Office: Office Building, Retail-Commercial: Other,

Community Information
Address209 & 201 Olympia Ave
AreaCH01 - Charlotte County
CityPUNTA GORDA
CountyCharlotte
StateFL
Zip Code33950
Amenities
WaterfrontNone
Amenities

Hood System Commercial Sink Hostess Stand

Utilities

Sewer, Trash Removal, Water, Phone Line

Additional Information
Date ListedApril 17th, 2019
Days on Market411
ZoningCC
HOA Fees0.00
Listing Details
OfficeNix & Associates RE LLC
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on June 2nd, 2020 at 10:41am EDT.