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525 E Olympia Ave
Punta Gorda, FL 33950
Retail Property For Sale


EXECUTIVE SUMMARY
Great Opportunity to invest, 100% occupied 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 in the future. 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! 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
$3,698,116 CAD
Price Per SF
$369.81 CAD
Cap Rate
5.63%
NOI
$208,204 CAD
Percent Leased
100%
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
PROPERTY TAXES
| Parcel Number | 412306427003 | Improvements Assessment | $1,829,377 CAD |
| Land Assessment | $343,386 CAD | Total Assessment | $2,172,763 CAD |
PROPERTY TAXES
Parcel Number
412306427003
Land Assessment
$343,386 CAD
Improvements Assessment
$1,829,377 CAD
Total Assessment
$2,172,763 CAD
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