Commercial Sale Property - Retail in Punta Gorda
SOLD for $850,000 on March 7, 2022
Listing Price: $969,000Sold Price: $850,000Sold Price/List Price: 88%
Sold Price/Original List Price: 70.83%
Description of Property
Includes 220 & 226 Tamiami Trail. 0.35 Acres (15,120sf) Land - 126' Fronting on N US/41 Tamiami Trail - Zoned CC City Center which provides for Zero Lot Line, Build to height 50ft above BFE, Build up to 50,000sf, Minimal Parking spaces required, 200ft from 400 car Public Parking Garage, Rear Back Alley access, Value is in the Land not the existing leases which expire Summer 2018, 8" Gravity sewer in rear alley, 12 Water supply in Marion Ave. $54,600/yr Gross $8,000 Net Expenses $46,000 NOI. This property is the center of the Retail, Restaurant, Business and Entertainment establishments for the Punta Gorda Community. A high Average Annual Daily Traffic count of 27,000***BROCHURE ATTACHED!***
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Retail
City: Punta Gorda
County: Charlotte
Sq. Ft. Gross: 3,771
Sq. Ft. Living Area: 4,480
Cost per (heated) sqare foot: $216
Year built: 1947
Annual Tax: $3,361
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Water Access: Not specified
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Water Source: Public
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Lot Information
Lot Features:
- Flood Zone
- City Lot
- Other
Lot Size (acres): 0.35
Lot Size (sq. ft.): 15,120 square feet
Road Frontage: Highway
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Legal Description & Other Information
Parcel Number: 412306331002
Zoning: CC
Tax Legal Desc.: PUG 000 0034 0012 PUNTA GORDA BLK 34 LTS 12 & 13 559/402 973-939 1013-722 VAR-1577/2057 2373/1655 3883/1383
Listing courtesy of Maxim Commercial 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.