Commercial Sale Property - Retail in Port Charlotte
SOLD for $99,999 on July 2, 2019
Listing Price: $109,000Sold Price: $99,999Sold Price/List Price: 92%
Sold Price/Original List Price: 105.26%
Description of Property
Successful diner on US-41 in Port Charlotte, close to mall, retail, commercial area and restaurants, located at approximately the mid-point between Punta Gorda and North Port and adjacent to the busy intersection of Tamiami Trail and El Jobean. This location is less than 2 miles East of where Murdock Village will be built which should greatly increase vehicle count on US-41. It is possible there will be another US-41/776 connector as well that will bring more traffic into the area. There is more and more attention paid to the Port Charlotte-North Port US-41 corridor, don't miss out on getting in front of the market with this reasonably priced space. The ongoing diner business is available as a separate transaction between buyer & tenant ,restaurant equipment is possibly available to buyer without the business. Take into account Charlotte County restaurant impact fees when looking at food service space, these fees can be over $13,000 per 1,000sf while this space has fees paid! This space is 1,000 square feet with an entry door and storefront window up front and a large overhead door and exit door in the rear of the unit, the overhead door is blocked at this time to accommodate restaurant equipment but can be restored to use. There is an approximately 700 square foot storage loft on a second level that is not included in the Charlotte County Property Appraiser Real Property Record measurements. This upstairs space could be converted to office or other use as other units in the complex have done.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Retail
City: Port Charlotte
County: Charlotte
Sq. Ft. Gross: 1,000
Sq. Ft. Living Area: 1,000
Cost per (heated) sqare foot: $109
Total Units: 30
Year built: 1984
Annual Tax: $1,401
Condo Fee: $225 Monthly
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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Exterior & Construction
Architectural Style:
Construction: Block
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Cooling: Central Air
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Lot Information
Lot Features:
Lot Size (acres): 0.08
Lot Size (sq. ft.): 3,378 square feet
Road Frontage: Divided Highway
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Legal Description & Other Information
Parcel Number: 402207576004
Zoning: IG
Tax Legal Desc.: CTC 000 000A 00A4 CHAR TRADE CENTER BLDG A UN A-4 889/646 912/1721 1465/1118AFF1475/1225 1475/1232(1/2 INT) AFF1902/1827-WC 1902/1829 3632/349 3985/1970
Listing courtesy of CORR COMMERCIAL ADVISORS LLC. 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.