Historical Office Sale Listing - Arcade Building

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Arcade Building

121 E. Marion Avenue, Punta Gorda, FL 33950

N/A

10,040 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
10,040 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Cap Rate:
9.50%
Occupancy:
100%
Tenancy:
Multiple
Year Built:
1926
Lot Size:
1 AC
Listing ID
13326414
Last Updated
over 1 year ago

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

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.

Map of 121 E. Marion Avenue, Punta Gorda, FL 33950

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

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Created 11/27/2001