201 & 209 W Olympia Ave, Punta Gorda, FL 33950
- $750,000
- Sold Price
- $750,000
- List Price
- $810,000
- Status
- Sold
- Closing Date
- Sep 18, 2020
- MLS#
- C7414403
- Property Style
- Mixed Use
- Year Built
- 1935
- Lot Size
- 6,900
- Acres
- 0.16
- Total Acreage
- Up to 10, 889 Sq. Ft.
- MLS Area Major
- Punta Gorda
Property Description
Punta Gorda Downtown Location provides a great walkability for intended users. 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 provided 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 for a restaurant. Hood system in kitchen and 3 compartment commercial sink is still in place and 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 now available to lease at $20 PSF Modified Gross! All information comes from users and sources that are believed to be reliable, but should be verified for accuracy. Subject to errors and omissions
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Additional Information
- Taxes Annual
- $5131
- Location
- Central Business District, Corner Lot
- Community Features
- No Deed Restriction
- Zoning
- CC
- Air Conditioning
- Central Air, Mini-Split Unit(s)
- Exterior Construction
- Brick, Siding, Wood Frame
- Roof
- Shingle
- Pool
- No Pool
- Flood Zone Code
- AE
- Parcel ID
- 412306381002
- Legal Description
- PID: 412306381002 PUG 000 0044 0016 PUNTA GORDA BLK 44 THE NE/LY 43 FT LT 16 & A 7 FT X 43 FT STRIP IN NE COR OF LT 15 275/526 564/1331 DC 1235/1204 (PEM) 1238/1419PID: 412306381008 PUG 000 0044 0001 PUNTA GORDA BLK 44 LT 1 143/680 480/383 620/655 732/208 DC1235/1204 (PEM) 1238/1419 1328/1462 4241/924
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Listing courtesy of NIX & ASSOCIATES REAL ESTATE. Selling Office: NIX & ASSOCIATES REAL ESTATE.
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