$1,000,000
Active111 W Olympia Ave, Punta Gorda, FL 33950
2,221 sq ft
Listing courtesy of RE/MAX PALM REALTY Β· MLS# C7528902
79 days on market
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this property
Whatβs special
- commercial kitchen
- dedicated cooler area
- covered outdoor seating
- established restaurant tenant
- high traffic corridor
- downtown waterfront location
AI-selected highlights from the listing description below.
Located in the heart of vibrant downtown Punta Gorda, 111 W. Olympia Ave. presents a rare opportunity to own a premier commercial property occupied by one of the area's well-established and recognizable restaurants. A longtime staple in the community, the restaurant has built a loyal customer base and contributes to the energy and charm that make downtown Punta Gorda such a sought-after destination. The property is thoughtfully designed for restaurant operations, featuring a commercial kitchen, dedicated cooler area, a spacious open dining room, and covered outdoor seating for guests to enjoy Florida's year-round weather. Positioned along one of downtown's busiest corridors, the property benefits from exceptional exposure with an average daily traffic count of approximately 13,500 vehicles, providing outstanding visibility for the established business. Surrounded by popular shops, restaurants, the waterfront, and the city's many festivals and events, this prime downtown location offers consistent foot traffic and exceptional long-term investment potential in one of Southwest Florida's most desirable commercial districts.
Facts
- Property type
- Restaurant
- Year built
- 1952
- Exposure
- Northwest
- Flood zone
- AE
- Annual taxes
- $6,627/yr
- Listed
- Aug 10, 2026
- MLS #
- C7528902
Commercial details
Building & site
- Building size
- 2,261 SF
- Lot size
- 0.09 acres (4,050 SF)
- Zoning
- CC
- Road frontage
- City Street
- Buildings
- 1
- Building features
- Bathrooms
Investor metrics
- Price per SF (MLS)
- $442.28/SF
- Cap rate
- 6.8%
- Net operating income
- $68,925/yr
- Gross income
- $93,600/yr
- Annual expenses
- $25,305/yr
- Units
- 1
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty β confirm with the listing broker before relying on them. We never estimate a cap rate.
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111 W Olympia Ave, Punta Gorda, FL 33950
Listing courtesy of RE/MAX PALM REALTY Β· MLS# C7528902 Β· Active
Where this property is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.



