525 E Olympia Avenue, Punta Gorda, FL 33950

$1,600,000
10,056
SqFt
Sold Price
$1,600,000
List Price
$1,750,000
Status
Sold
Days on Market
144
Closing Date
Apr 04, 2022
MLS#
C7448155
Property Style
Mixed Use
Year Built
1975
Living Area
10,056
Lot Size
32,760
Acres
0.75
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Woods 2nd Add
MLS Area Major
Punta Gorda

Property Description

Investment Sale NNN Lease. The retail property consists of two buildings 100% leased. Tenants doing their own build outs, Tenants are Pet Grooming, Wine & Coffee Bar, Employment Agency, Cryotherapy Spa, Barber Shop and Hearing Aid Center. All tenants to be open in 3 months. Ample Parking On Site. Located on the south corner of E Olympia Ave and Mary St Its a half mile from St Rt 41. This building is located one block from Bayfront Hospital Punta Gorda. This is a nice area for medical/office/retail, there is 65,000 households within 5 miles with an average income of $73,000 annually. Located on a busy main road to the interstate I-75. Projected NOI 122,000 NNN.

Additional Information

Taxes Annual
$8925
Location
Corner Lot
Community Features
No Deed Restriction
Zoning
NC
Air Conditioning
Central Air
Exterior Construction
Block
Foundation
Slab
Pool
No Pool
Garage Features
Parking Spaces - 19 to 30
Flood Zone Code
AE
Parcel ID
412306427003
Legal Description
WAD 002 000L 0026 WOODS 2ND ADD BLK L LTS 26 27 28 29 30 31 32 & 33 478/76 487/109 488/595 624/1318 658/358 UAG-900/1638 899/1649 V1521/1248 AFF4237/1686-JG 4552/1920

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of MICHAEL SAUNDERS & COMPANY. Selling Office: MICHAEL SAUNDERS & COMPANY.

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