Address
111 W Olympia AVENUE, PUNTA GORDA, FL
Price
$ 850,000
Property Attributes
  • MLS#C7485993
  • TypeCommercial
  • CountyCHARLOTTE
  • CityPUNTA GORDA
  • AreaPunta Gorda
  • NeighborhoodPunta Gorda
  • Zip33950
  • StyleRestaurant
  • Year Built1954
  • Taxes$ 5841
  • Price$ 850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2261
  • Lot Size3,920 SqFt
Data Source:
Stellar MLS
Property Description

REAL ESTATE ONLY OFFERED. A staple restaurant in the community is the tenant of this great investment property in Downtown Punta Gorda. The property is offered at a 6 CAP with future growth opportunities. The building has a kitchen, a cooler area, and an open floor plan for dining with a covered outside dining area as well. Great investment opportunity in the heart of Downtown Punta Gorda. All information comes from users and sources believed to be reliable but should be verified for accuracy. Subject to errors and omissions

Price History
1/16/2024 Listed $850,000

General Features

Cooling Central Air
Zoning CC
Construction Materials Block,Stucco
Year Built 1954
Levels One
Property SubType Restaurant
Tax Year 2023
Percent Ownership Partnership
County Charlotte
New Construction No
Property Type Commercial Sale
Subdivision Name PUNTA GORDA
Status Active
Directions Driving 41S into Punta Gorda from the bridge. Make a left onto W Olympia Ave. The property will be on the Right.
City PUNTA GORDA
Buyer Agent Compensation 3%
MLS Area 33950 - Punta Gorda
Lot Size Square Feet 4050
Waterfront Y/N No
Street Name Olympia
Tax Annual Amount 5841.34
Public Remarks REAL ESTATE ONLY OFFERED. A staple restaurant in the community is the tenant of this great investment property in Downtown Punta Gorda. The property is offered at a 6 CAP with future growth opportuni
Virtual Tour https://www.propertypanorama.com/instaview/stellar/C7485993
Days on Market 63
Standard Status Active
Tax Lot 1
Legal Description PUG 000 0043 0001N PUNTA GORDA BLK 43 N1/2 LT 1 132/479 219/213 1009/2067 2393/1742 2487/164 3248/785 CD3257/62
Water Access Y/N No
Water View Y/N No

Interior Features

Total Stories 1
Air Conditioning Y/N Yes
Street Suffix AVENUE
Living Area Units Square Feet

Exterior Features

Lot Size Area 4050
Foundation Details Stem Wall
Number of Buildings 1
Building Area Total 2261
Lot Size Acres 0.09
Road Surface Type Asphalt
Lot Size Units Square Feet
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33950

Price
AVG $1.02M
$850K
Taxes
AVG $10,759
$5,841
Visits
AVG 214
153
Data Provided by Inside Real Estate®
Year Built
AVG 1989
1954