NextHome Z House Realty
209 & 201 W Olympia Avenue
PUNTA GORDA, FL 33950

Description

RESTAURANT BUIDLDING with 4 upstairs APARTMENTS and adjacent COMMERCIAL LOT for sale. Perfectly located, high visibility Restaurant and vacant Lot at the corner of West Olympia and Taylor with a total of 188 ft. of road frontage on a very busy corner. Standalone two story building in the heart of down town Punta Gorda, high visibility, in pedestrian area across from weekly Farmers Market. 54 indoor seats, restaurant divided in 3 rooms, welcome counter, wine cellar, high productivity kitchen. Furniture is not included in this sale. Hood systems in kitchen is included. Restaurant is leased for $3000/month until May 2018.There is an upstairs with 4 apartments, 2 full bath and large balcony overlooking the unique neighborhood of the City. These 4 apartments are currently rented for $2300/month. Vacant, cleared Lot included in this sale is zoned CC CITY CENTER which allows for zero lot line construction and 50' height above BFE (Base Flood Elevation) plus very light parking requirements. Use it as parking for your Restaurant Guest or build a new commercial building. Close to I75 and Punta Gorda Airport. Excellent investment or development property.

Details

MLS#D5920768
StyleIndustrial
Sub-TypeResale
StatusActive
Year1935
Days On Site300

Features

SQ Feet5,000
Story(s)1
ZoningCC

Market Activity 33950

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Area Information

StateFL
CountyCharlotte
CityPUNTA GORDA
Zip Code33950
Area33950 - Punta Gorda
Listing VS Median (in 33950)
Price:
$850,000
low | high
Med:
$247,558
100% of Average
SqFt:
5,000
low | high
Med:
1,794
100% of Average
$ / SqFt:
$170
low | high
Med:
$142
66.471684808777% of Average
On Site:
300
low | high
Med:
81.500000
100% of Average
Listing Updated: 08/17/2018
MLS Number: D5920768
Listing Provided By:
Esther Maisch  of  Paradise Exclusive Inc

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