$1,600,000
$1,750,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
525 E OLYMPIA AVE Punta Gorda, FL 33950
10,056 SqFt
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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Bought with MICHAEL SAUNDERS & COMPANY