251 E Olympia Ave - Retail FOR SALE


Punta Gorda, FL 33950
$349,900 USD
941-421-9569
251 E Olympia Ave, Punta Gorda, FL for Sale
$349,900 USD
Retail - FOR SALE
1/14
null | Request Cap Rate

NEW


251 E Olympia Ave
Punta Gorda, FL 33950


HIGHLIGHTS

  • New HVAC in Unit A, installed 2026
  • Large storefront windows with excellent natural light
  • Open gallery/showroom-style floor plan
  • Building signage opportunity
  • Existing month-to-month tenant willing to remain
  • Walkable to Downtown Punta Gorda restaurants, businesses, hotels, and waterfront amenities

OVERVIEW

251 E Olympia Avenue is a freestanding 1,238± SF commercial building positioned on a highly visible corner in Downtown Punta Gorda. The concrete block building consists of two commercial spaces, offering flexibility for an owner-user, investor, or combination of both. Unit A features an open gallery-style layout with large storefront windows, abundant natural light, a separate work area, rear storage/private space, kitchenette, and restroom with shower. Unit B offers a wide-open rectangular layout with a restroom in the rear, making it well suited for office, retail, studio, service, or other commercial use. The property sits on approximately 0.11 acres with roughly 92 feet of frontage along E Olympia Avenue, dedicated on-site parking, additional nearby street parking, building signage, and rear access. A new HVAC system was installed in 2026 for Unit A, while Unit B is served by a window unit. The property currently has a month-to- month bail bonds tenant who is willing to remain, giving a buyer the option for immediate rental income while occupying or repositioning the remainder of the building. Its downtown location and City Center zoning create an additional long-term opportunity beyond the existing improvements. The City of Punta Gorda has specifically identified East Downtown Olympia Avenue in its broader planning efforts for potential redevelopment and infill, making the property appealing to buyers looking for both current utility and future development potential. Any intended use or redevelopment should be independently verified with the City of Punta Gorda.

FOR SALE DETAILS

PRICE

$349,900 USD

PRICE/SF

$283 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

DOWNTOWN FREE-STANDING RETAIL/OFFICE

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

CC

APN/PARCEL ID

412306408001

ASK ABOUT THIS PROPERTY

Hunter McCarthyRE/MAX Harbor Realty, Inc.More Info
941-421-9569

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

Hunter McCarthyRE/MAX Harbor Realty, Inc.More Info
941-421-9569

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