Commercial Sale Property - Retail in Port Charlotte
Listing Price: $2,887,500
Description of Property
Rare opportunity to acquire this free-standing multi-tenant building prominently located on Tamiami Trail in Port Charlotte with ample parking! The property features five units totaling 10,881 square feet with 9,756 rentable square feet. A standout feature is the impressive 190 feet of canal waterfront with direct harbor access. The location benefits from exceptional visibility with an Annual Average Daily Traffic Count (AADT) of 45,500. Recent improvements include a roof replacement completed in December 2022. Owner financing is available! Unit B tenant currently pays $1,940 base + $300 CAM for a total of $2,240 per month. Lease ends December 31, 2027. Unit C tenant currently pays $2,767.25 base + $468.75 CAM for a total of $3,236 per month. Lease ends December 31, 2026. Unit E tenant currently pays $3,063.50 base + $487.50 CAM for a total of $3,551 per month. Lease ends February 28, 2029. Units A & D are currently vacant.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Retail
City: Port Charlotte
County: Charlotte
Subdivision: Port Charlotte Sec 003
Sq. Ft. Gross: 10,881
Sq. Ft. Living Area: 9,756
Cost per (heated) sqare foot: $296
Year built: 1979
Annual Tax: $22,973
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Waterfront Info
Water Front: Yes
Water Frontage: Canal Front
Water Access: Yes
Water Access Type: Bay/Harbor
Exterior & Construction
Construction: Stucco
Foundation: Slab
Floors Total: 1
Floors in Unit:
Cooling: Central Air
Heating & Fuel:
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Lot Information
Lot Size (acres): 0.49
Lot Size (sq. ft.): 21,449 square feet
Road Frontage: County Road
Legal Description & Other Information
Parcel Number: 402222412001
Zoning: CG
Tax Legal Desc.: PCH 003 0029 000LN PORT CHARLOTTE SEC 3 BLK 29 .49 AC. M/L TR L LESS PORTION DESC COMM NW COR TR L SE ALG N LINE 201.58 FT TO POB CONT SE 61.32 FT TO PT OF CURVE ALG CURVE 39.27 FT TH SW ALG CURVE 81.71 FT TH NW ALG S LINE 100.67 FT TH NE 150 FT TO P OB P-2 573/1945
Section: 22
Range: 22E
Listing courtesy of COLDWELL BANKER REALTY. 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.