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111 Olympia Avenue, FL
Stellar MLS

$1.00M

111 Olympia Avenue

Punta Gorda, FL 33950

Listing updated: August 13, 2026 at 8:06 AM ET

Active
Stellar MLSListing courtesy of Re/Max Palm Realty · Taylor Brady · MLS #C7528902 · Active · 941-743-5525
2,261
Building SF
0.09
Acres
1
Unit
1952
Built
$442.28
Per SF
Restaurant6.89% cap rate$442.28/SF360° tour
Restaurant

Property type

1952

Year built

2,261 SF

Building size

4,050 sqft

Lot size

$442.28

Price / SF

1

Unit

CC

Zoning

3

Days on market

Investment & cash flow

6.89%
Cap rate
$69K
NOI / yr
$94K
Gross income (Actual)
$25K
Annual expenses
10.7
GRM
$442.28
Price / SF

Income includes: Rent Only

Figures provided by the listing broker — verify independently.

About this property

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.

Virtual tour

Facts & features

Property type
Commercial Sale
Sub type
Restaurant
Status
Active
Days on market
3
Subdivision
Punta Gorda
County
Charlotte
Year built
1952
Building area
2,261 sq ft
Price/sq ft
$442.28
Lot size
4,050 sq ft
Units
1
Buildings
1
Parking spaces
0
Road frontage
City Street
Building features
Bathrooms
Annual taxes
$7K (2025)
Parcel #
412306382003
Zoning
CC
MLS #
C7528902

Utilities

Utilities
Public
Sewer
Public Sewer

Listing details

Listing date
2026-08-10
On market date
2026-08-10
MLS area
33950 - Punta Gorda
Status changed
2026-08-10
Tax legal description
PUG 000 0043 0001N PUNTA GORDA BLK 43 N1/2 LT 1 132/479 219/213 1009/2067 2393/1742 2487/164 3248/785 CD3257/62

Location

Directions

From 41 South into Punta Gorda, take a left onto W Olympia Ave, the property will be on the Right.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of August 13, 2026 at 8:06 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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