Punta Gorda, FL 33950,525 E OLYMPIA AVE
Punta Gorda, FL 33950,525 E OLYMPIA AVE
Punta Gorda, FL 33950,525 E OLYMPIA AVE
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$1,600,000

$1,750,000

8.6%
Est.Price: ?

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Est. payment /mo

10,056 SqFt


SOLD DATE : 04/04/2022

Key Details

Sold Price $1,600,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 10,056 sqft

Price per Sqft $159

Subdivision Woods 2Nd Add

MLS Listing ID C7448155

Sold Date 04/04/22

Construction Status Inspections

HOA Y/N No

Year Built 1975

Annual Tax Amount $8,925

Lot Size 0.750 Acres

Acres 0.75

Property Description

Investment Sale NNN Lease. The retail property consists of two buildings 100% leased. Tenants doing their own build outs, Tenants are Pet Grooming, Wine & Coffee Bar, Employment Agency, Cryotherapy Spa, Barber Shop and Hearing Aid Center. All tenants to be open in 3 months. Ample Parking On Site. Located on the south corner of E Olympia Ave and Mary St Its a half mile from St Rt 41. This building is located one block from Bayfront Hospital Punta Gorda. This is a nice area for medical/office/retail, there is 65,000 households within 5 miles with an average income of $73,000 annually. Located on a busy main road to the interstate I-75. Projected NOI 122,000 NNN.

Location

State FL

County Charlotte

Community Woods 2Nd Add

Zoning NC

Interior

Cooling Central Air

Exterior

Parking Features Parking Spaces - 19 to 30

Building

Lot Description Corner Lot

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Inspections

Others

Ownership Corporation

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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Stellar MLS
Listed by MICHAEL SAUNDERS & COMPANY
Bought with MICHAEL SAUNDERS & COMPANY
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