CG-Zoned Building in Heart of PC Medical District For Sale
Office
for Sale
| Catylist Listing ID: |
30837396 |
| Property Subtypes: |
Office Building, Other
|
| Building Size (RSF): |
13,408 SF
|
| Gross Building Area: |
17,687 SF |
| Gross Land Area: |
2.28 Acres
|
| Sale Price: |
$3,250,000 |
| Unit Price: |
$242.39 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Building Name: |
former location of Bank of America |
| Class of Space: |
Class D |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/5/2023 |
Overview / Comments
|
This property is in the heart of the Medical District in Port Charlotte. This was a former location of Bank of America and is situated near the intersection of Tamiami Trail and Olean Boulevard. The land area is 2.28 acres which would provide enough property to expand the current building or to construct a separate CG-zoned compatible structure. The building is currently being renovated after Hurricane Ian. This property is being offered for sale at $3,250,000. The separate portion of the building in the rear (3,259 SF) is leased through April 2024 to a construction company at $16.00/sf modified gross.
|
Additional Details
| Nearest MSA: |
Punta Gorda |
| County: |
Charlotte |
| Taxing Authority: |
Charlotte County |
| Tax ID/APN: |
402222133001 |
| Zoning: |
CG |
| Property Visibility: |
Excellent |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
1971 |
| Year Renovated: |
1980 |
| Construction/Siding: |
Block, Stucco |
| Parking Type: |
Surface |
| Zoning Description: |
CG - Commercial General
https://library.municode.com/fl/charlotte_county/codes/code_of_ordinances?nodeId=PTIIILADEGRMA_CH3-9ZO_ARTIIDIRE_S3-9-42COGECG
|
| Lot Frontage: |
374' |
| Lot Depth: |
247' |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,173 |
55,611 |
90,716 |
| Median Age: |
49.55 |
50.28 |
50.26 |
| Households: |
4,390 |
24,547 |
39,945 |
|
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