121 E Marion Ave | Punta Gorda, FL 33950
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- LoopNet Team
121 E Marion Ave
Punta Gorda, FL 33950
H.W. Smith Arcade Building · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- AS OF 11/2024, NEW ROOF, NEW A/C UNITS, UP TO CODE, FULLY RENOVATED UNITS, NEW ELECTRICAL, NEW FLOORING, AND MORE.
- Surface parking ample street parking available - 36 spaces
- Situated in the heart of downtown Punta Gorda, walking distance to shopping, dining, entertainment, and the Punta Gorda waterfront.
- Great opportunity for an owner user to have retail frontage along Marion Ave!
- TAX CREDITS FOR HISTORIC BUILDINGS. Property is listed on the National Register of Historic Places. See Page 15 in the OM for more information.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,066 SF
Building Class
B
Year Built/Renovated
1926/2024
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.82 AC
Zoning
TPG-DC - The zoning for downtown Punta Gorda, Florida's traditional core is a mix of historic and new structures, and is regulated by the City's LDR.
Parking
34 Spaces (2.42 Spaces per 1,000 SF Leased)
Frontage
225’ on E Marion Ave
AMENITIES
- Property Manager on Site
- Pylon Sign
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Skylights
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 412306331005 | Improvements Assessment | $1,632,914 |
| Land Assessment | $758,306 | Total Assessment | $2,391,220 |
PROPERTY TAXES
Parcel Number
412306331005
Land Assessment
$758,306
Improvements Assessment
$1,632,914
Total Assessment
$2,391,220
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