111 W Olympia Ave

Investment Highlights

Prime Location in the heart of Downtown Punta Gorda An staple restaurant with a long-term lease Minutes from Sunseekers Resort

Executive Summary

REAL ESTATE ONLY OFFERING. A staple restaurant in the community is the tenant of this great investment property in Downtown Punta Gorda. The property is offered at a 6 CAP with future growth opportunities. The building has a kitchen, a cooler area, and an open floor plan for dining with a covered outside dining area as well. All information comes from users and sources believed to be reliable but should be verified for accuracy. Subject to errors and omissions.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar General Retail Freestanding General Retail Storefront Restaurant
• Building Size    2,261
• Building Class    C
• Year Built    1952
• Price    825,000
• Price Per SF    365
• Cap Rate    6.18
• NOI    51,000
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.58
• Land Acres    0.09 AC