Taz Roopnarine Winter Springs Real Estate Logo
$849,000

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
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1955
Days On Site1056

Features

SQ Feet3,771
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:
$247,500
100% of Average
SqFt:
3,771
low | high
Med:
1,566
100% of Average
$ / SqFt:
$225
low | high
Med:
$158
79.800779822103% of Average
On Site:
1056
low | high
Med:
210
100% of Average
Listing Updated: November 25, 2020 9:10:16 PM PST
Charles Thomas LogoMLS Number: C7249797
Listing Provided By:
Charles Thomas  of  MAXIM COMMERCIAL REAL ESTATE

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