111 W Olympia Avenue, Punta Gorda, FL 33950
- $1,000,000
- 2,221
- SqFt
- List Price
- $1,000,000
- Status
- Active
- Days on Market
- 1
- MLS#
- C7528902
- Property Style
- Restaurant
- Year Built
- 1952
- Living Area
- 2,221
- Lot Size
- 4,050
- Acres
- 0.09
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Punta Gorda
- MLS Area Major
- Punta Gorda
Property Description
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.
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Additional Information
- Taxes Annual
- $6627
- Annual Gross Income
- 93600
- Community Features
- No Deed Restriction
- Zoning
- CC
- Utilities
- Public
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Stucco
- Roof
- Concrete
- Foundation
- Stem Wall
- Pool
- No Pool
- Garage Features
- Public Parking
- Flood Zone Code
- AE
- Parcel ID
- 412306382003
- Legal Description
- 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
Listing courtesy of RE/MAX PALM REALTY. 941-743-5525
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