Commercial Sale Property - Restaurant in Punta Gorda
Listing Price: $1,000,000
Description of Property
Located in the heart of vibrant downtown Punta Gorda, 111 W. Olympia Ave. presents a rare opportunity to own a premier commercial property occupied by one of the area's well-established and recognizable restaurants. A longtime staple in the community, the restaurant has built a loyal customer base and contributes to the energy and charm that make downtown Punta Gorda such a sought-after destination. The property is thoughtfully designed for restaurant operations, featuring a commercial kitchen, dedicated cooler area, a spacious open dining room, and covered outdoor seating for guests to enjoy Florida's year-round weather. Positioned along one of downtown's busiest corridors, the property benefits from exceptional exposure with an average daily traffic count of approximately 13,500 vehicles, providing outstanding visibility for the established business. Surrounded by popular shops, restaurants, the waterfront, and the city's many festivals and events, this prime downtown location offers consistent foot traffic and exceptional long-term investment potential in one of Southwest Florida's most desirable commercial districts.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Restaurant
City: Punta Gorda
County: Charlotte
Subdivision: Punta Gorda
Sq. Ft. Gross: 2,261
Sq. Ft. Living Area: 2,221
Cost per (heated) sqare foot: $450
Total Units: 1
Year built: 1952
Annual Tax: $6,627
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Waterfront Info
Exterior & Construction
Construction: Stucco
Foundation: Stem Wall
Roof: Concrete
Parking Features: Public Parking
Cooling: Central Air
Sewer: Public Sewer
Lot Information
Lot Size (acres): 0.09
Lot Size (sq. ft.): 4,050 square feet
Road Frontage: City Street
Front Exposure: Northwest
Legal Description & Other Information
Parcel Number: 412306382003
Zoning: CC
Tax Legal Desc.: 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
Section: 6
Range: 23
Listing courtesy of RE/MAX PALM 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.