111 W Olympia Ave - Restaurant FOR SALE


Punta Gorda, FL 33950
$899,000 USD
941-613-6616
111 W Olympia Ave, Punta Gorda, FL for Sale
$899,000 USD
Restaurant - FOR SALE
1/37
null | 7.96% Cap Rate

111 W Olympia Ave
Punta Gorda, FL 33950


HIGHLIGHTS

  • Across from parking garage in Downtown Punta Gorda
  • Excellent appeal
  • Well established restaurant

OVERVIEW

Restaurant Property for Sale – Prime Investment with Long-Term German Restaurant Tenant An exceptional opportunity to acquire a high-performing restaurant property with a stable, long-term tenant operating a successful German restaurant. This investment offers immediate rental income, a well-maintained commercial space, and a tenant with a strong local reputation and loyal customer base. Property Highlights: Type: Freestanding restaurant building Size: Approximately 2,221 s.f. of interior space and an additional 456 s.f. of covered outdoor patio seating. Location: High-visibility, high-traffic location in Downtown Punta Gorda, with excellent frontage and easy access Tenant: Established German restaurant with a multi-year lease in place and a history of consistent operation and profitability Rental Income: Strong, reliable cash flow Interior Features: Fully built-out dining space, commercial-grade kitchen, bar area, restrooms, and storage Exterior Features: Across from parking garage, outdoor dining , and attractive entry This is a rare chance to own a turnkey restaurant property backed by a proven operator in a niche and stable market segment. Ideal for 1031 exchange investors or those seeking passive incomewith minimal management.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$398 USD /SF

CAP RATE

7.96%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

TPG-DC

APN/PARCEL ID

412306382003

ASK ABOUT THIS PROPERTY

Andy RichardsonRiverside Realty Services, LLCMore Info
941-613-6616

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Andy RichardsonRiverside Realty Services, LLCMore Info
941-613-6616

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.