226 Tamiami Trail
PUNTA GORDA, FL 33950

Description

0.35 Acres (15,120sf) Land - 126' Fronting on N US/41 Tamiami Trail - Zoned CC City Center which provides for Zero Lot Line, Build to height 50ft above BFE, Build up to 50,000sf, Minimal Parking spaces required, 200ft from 400 car Free Public Parking Garage, additional Rear Alley access, Value is in the Land not the existing leases which expire Summer 2018, 8" Gravity sewer in rear alley, 12 Water supply in Marion Ave. $54,600/yr Gross $8,000 Net expenses $46,600 NOI 5.5% cap rate. This property is the center of the Retail, Restaurant, Business and Entertainment establishments for the Punta Gorda Community. A high Average Annual Daily Traffic count of 27,000 Located on N Tamiami Trail/US-41 in downtown Punta Gorda on the east side between E Olympia Ave & E Marion Ave. with a 27,000 AADT Traffic Count. ***BROCHURE ATTACHED***

Details

MLS#C7249797
StyleRetail
Sub-TypeResale
StatusActive
Year1955
Days On Site483

Features

SQ Feet4,480
Story(s)1
ZoningCC

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Area Information

StateFL
CountyCharlotte
CityPUNTA GORDA
Zip Code33950
Area33950 - Punta Gorda
Listing VS Median (in 33950)
Price:
$849,000
low | high
Med:
$242,900
100% of Average
SqFt:
4,480
low | high
Med:
1,822
100% of Average
$ / SqFt:
$190
low | high
Med:
$133
79.6523707752% of Average
On Site:
483
low | high
Med:
58
100% of Average
Listing Updated: 06/21/2019
MLS Number: C7249797
Listing Provided By:
Charles Thomas  of  MAXIM COMMERCIAL REAL ESTATE

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