Price Reduction
Address
111 W Olympia AVENUE, PUNTA GORDA, FL
Price
$ 825,000
Property Attributes
- MLS#C7485993
- TypeCommercial
- CountyCHARLOTTE
- CityPUNTA GORDA
- AreaPunta Gorda
- NeighborhoodPunta Gorda
- Zip33950
- StyleRestaurant
- Year Built1954
- Taxes$ 5841
- Price$ 825,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2261
- Lot Size0.09 Acres
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 |
| 6/8/2024 | 3% - $825,000 |
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. |
| ModificationTimestamp | 2024-06-08T15:25:56.843Z |
| City | PUNTA GORDA |
| Buyer Agent Compensation | 3% |
| View Y/N | No |
| MLS Area | 33950 - Punta Gorda |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 4050 |
| Waterfront Y/N | No |
| Tax Annual Amount | 5841.34 |
| Additional Parcels Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/C7485993 |
| Days on Market | 144 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| 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 |
| Flood Zone Code | 10AE |
Interior Features
| Total Stories | 1 |
|---|---|
| Air Conditioning Y/N | Yes |
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 |
| Road Frontage Type | City Street |
| Road Responsibility | Public Maintained Road |
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
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on June 26, 2024 9:56 AM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast 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 is deemed reliable but not guaranteed.
