Motivated Seller for Excellent Location

Retail-Commercial for Sale
Catylist Listing ID: 29983605
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Building Size (RSF): 3,856 SF
Gross Land Area: 43,042 SF
Sale Price: $899,000
Unit Price: $233.14 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 3,856 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/18/2019

Overview / Comments

The America’s first site selector, Ponce de Leon, first made landfall in Western Florida in Charlotte County area. Port Charlotte is strategically located between Miami and Tampa that places 3.9 million people within 90 miles, and 75% of the entire Florida population within 150 miles. Port Charlotte is located in Charlotte County and shares city borders with North Port and Punta Gorda.Today, Port Charlotte is in a re-development mode, repairing and rebuilding from the August, 2004, devastation of Hurricane Charlie. Taking advantage of the waterfront the Charlotte Harbor Community Redevelopment Area, CRA, is utilizing a targeted approach to redeveloping the area through investment in public infrastructure while providing incentives to encourage private sector growth and investment.

Port Charlotte is located in Charlotte County and shares city borders with North Port and Punta Gorda. With a positive employment rate of 2.36% Port Charlotte is a growing opportunity for the workforce. The Lost Lagoon is planning to make a big splash in the area. Estimated to draw customers from as far as 2 miles driving distance to the south, east and north. Site options range from 1 acre to more than 1,000 acres. Developed for high performance with superb water, power and telecommunications infrastructure, the Park enhances productivity with cost-effective advantages of a designated Foreign Trade Zone. The Punta Gorda Interstate Airport Park, a 4,300-acre global opportunity, not only in access but also in large-scale site selection and flexibility.

Additional Details

Nearest MSA: Punta Gorda
County: Charlotte
Taxing Authority: Charlotte
Tax ID/APN: 402225306002
Property Located Between: Sibley Bay Street and Guard Street
Property Visibility: Excellent
Highway Access: Intersecting corner of Tamiami Trail
Airports: RSW, Punta Gorda Regional
Site Description: Great visibility and location near the intersection of King Highway and Tamiami Trail. Close to the Punta Gorda market with easy access to the bridge.
Area Description: Located directly on Tamiami Trail with great access to Port Charlotte and Punta Gorda.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,856 SF
Year Built: 1983
Year Renovated: 2007
Roof Type: Mansard
Construction/Siding: Stucco, Wood Frame
Exterior Description: Clean and Presentable
Total Parking Spaces: 16
Parking Type: Surface
Parking Description: Parking to the left of the building structure
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Clean and designed for a medical office. Remolded after hurricane Charlie.
Zoning Description: Commercial Zoning
Lot Frontage: 163
Lot Depth: 286' on Guard Street
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SIB 000 0012 0007 SIBLEY'S DIV TO CHAR HARBOR BLK 12 LTS 7 8 9 10 11 12 & E 1/2 OF ALLEY ADJ THERETO & LTS 7 8 OF BLK 5 & E 1/2 OF ALLEY ADJ THERETO AND VAC CENTER ST LYING E OF CENTER LINE OF ALLEY 548/304 445/588 548/554 714/569-570 743/627 787/155 1520/20

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,112 35,850 92,021
Median Age: 62.1 52.53 53.12
Households: 1,574 16,798 42,070


Photograph of Listing Agent

Howard Corr

MFCRE Member
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