209 & 201 W Olympia

Punta Gorda, FL 33950

$850,000

Property 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 Farmer’s 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 until January 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.

Property Details

Property Type:
Other
Square Feet:
4,896
MLS® #:
D5920768
Year Built:
1935

Interior Information

Air Conditioning:
Central
Heat:
Central
Square Feet:
4,896

Lot & Exterior Information

Acres:
0.05
Construction:
Block,Combination,Frame
Lot Dimensions:
135x57
Lot Size:
7695
Pool On Property:
N
Roof:
Shingle
Utilities:
BB/HS Internet Capable,City Water,Electric,Public Sewer,Telephone

Area Information

Area:
Punta Gorda
City:
Punta Gorda
County:
Charlotte
Gated Community:
N
State:
FL
Street Name:
Olympia
Street Number:
209 & 201
Street Pre Direction:
W
Zip:
33950

Tax & HOA Information

Estimated Taxes:
$5211
Tax Year:
2016

Additional Information

Days On Market ( contiguous ):
216
Foreclosure:
N
Latitude:
26.9338546
List Price:
$850,000
Listing Agent:
Esther Maisch
Listing Office:
Paradise Exclusive Inc
Longitude:
-82.0503789
MLS® #:
D5920768
Property Type:
Other
Short Sale:
N
Status:
Active
Year Built:
1935
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Address 209 & 201 W Olympia
MLS # D5920768
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