Commercial Sale Property - Mixed Use in Punta Gorda
SOLD for $750,000 on September 18, 2020
Listing Price: $810,000Sold Price: $750,000Sold Price/List Price: 93%
Sold Price/Original List Price: 85.71% Cumulative Days on Market: 1,152
Description of Property
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
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Mixed Use
City: Punta Gorda
County: Charlotte
Sq. Ft. Gross: 4,277
Year built: 1935
Annual Tax: $5,131
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Waterfront Info
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Water Access: Not specified
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Exterior & Construction
Architectural Style:
- Brick
- Siding
- Wood Frame
Foundation:
Roof: Shingle
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Parking Features:
Floors Total: 2
Floors in Unit:
Cooling: Central Air, Mini-Split Unit(s)
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Lot Information
Lot Features: Central Business District, Corner Lot
Lot Size (acres): 0.16
Lot Size (sq. ft.): 6,900 square feet
Road Frontage: Business District
Adjoining Property: Commercial
Current Adjacent Use:
Legal Description & Other Information
Parcel Number: 412306381002
Zoning: CC
Tax Legal Desc.: 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
Listing courtesy of NIX & ASSOCIATES REAL ESTATE. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.