This Office Property is Off-Market.

121 E. Marion Avenue
Punta Gorda, FL 33950 ·

10,040 SF · Office For Sale

N/A

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Arcade Building

Price N/A Cap Rate 9.50%
Building Size 10,040 SF Occupancy 100%
Property Type Office Tenancy Multiple
Property Sub-type Office Building Year Built 1926
Property Use Type Investment Lot Size 1 AC
Listing ID: 13326414 Date Created: 11/27/2001 Last Updated: 02/24/2003

Description

Great one-story, historic building completely renovated in 1991. 13,409 GBA and 10,040 NLA. Post and Beam construction. Hollow clay walls, stuccoed between columns. Wood truss, pitched roof, wood deck. Single membrane roof material. New water, sewer and sprinkler systems installed about 10 years ago. One of five (5) buildings in Punta Gorda on the National Register

Center of historic Punta Gorda. Directly across Marion from Post Office, one-half block east of US 41 North (Tamiami) and one-half block west of new Justice Center. BE SURE TO CLICK ON ATTACHMENTS FOR DETAILED RENT ROLL AND MORE PHOTOS.

Highlights

  • 100% leased
  • Income from 2 tenants increases at 3%/Yr.
  • 42 PARKING SPACES
  • IDEAL FOR 1031 EXCHANGE.
  • Solid investment. Excellent occupancy history. Great location
  • BE SURE TO CLICK ABOVE FOR PAGE 2, ATTACHMENTS & PHOTO

Research

121 E. Marion Avenue, Punta Gorda, FL 33950 (Charlotte County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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