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525 E Olympia Ave 10,000 SF 80% Leased Retail Building Punta Gorda, FL 33950 $3,767,588 CAD ($376.76 CAD/SF) 5.63% Cap Rate

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EXECUTIVE SUMMARY

Great Opportunity to invest in the heart of Punta Gorda close to the Hospital, perfect for Medical use. 10,000sf building divided into ten 1,000sf per unit which makes it easy to rent it. Concrete block building, new 2023 roof with (20year transferable warranty), all new 2022 HVAC units (5year warranty). Completely remodeled in 2024 with new flooring, new doors, new bathrooms and more. Good opportunity for buyer users, practice your business on the 2,000 or 3,000sf and collect rent from the other 8 or 7 units. OWNER FINANCING available for the qualified buyer with 30% down.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,000 SF
Building Class
B
Year Built
1975
Price
$3,767,588 CAD
Price Per SF
$376.76 CAD
Cap Rate
5.63%
NOI
$212,115 CAD
Percent Leased
80%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.75 AC
Zoning
NC - Neighborhood Center District Mixed Use

AMENITIES

  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning
  • Smoke Detector

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 9-10
  • 2,000 SF
  • Office/Retail
  • -
  • Now
Space Size Space Use Position Available
9-10 2,000 SF Office/Retail - Now

9-10

Size
2,000 SF
Space Use
Office/Retail
Position
-
Available
Now

9-10

Size 2,000 SF
Space Use Office/Retail
Position -
Available Now

Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Centennial Bank
Synovus Bank
Jazzercise
Starbucks
Waffle House
Beef 'O' Brady's
Truist
Regions Bank
IHOP
Golden Corral Buffet & Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
412306427003
Land Assessment
$331,992 CAD
Improvements Assessment
$11,273 CAD
Total Assessment
$343,265 CAD
  • Listing ID: 35961771

  • Date on Market: 2025-05-23

  • Last Updated:

  • Address: 525 E Olympia Ave, Punta Gorda, FL 33950

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