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    Downtown Punta Gorda Office Building Title is generated by Realmo AI

    128 W CHARLOTTE Ave, Punta Gorda, FL 33950

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    For Sale
    $1,100,000

    Professional office building in downtown Punta Gorda with flexible space.

    Type:Commercial
    Property size:
    4,917 SF
    Price / SF:
    $223/SF
    Added:
    Apr 24, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 24 at 3:40 pm

    Property Features for 128 W CHARLOTTE Ave

    General Information

    Standard status
    Active
    Size
    4,917 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1953

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    Listing Contact
    Sharon Neuhofer

    Listing agent Sharon Neuhofer

    Listing office Coldwell Banker Schmidt Family Of Companies

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Schmidt Family Of Companies

    HighLights

    • Prime downtown Punta Gorda location offering high visibility and accessibility.
    • Flexible 4,917± sq ft commercial space adaptable to various business needs.
    • Ample parking on three sides of the building plus street parking.
    • Zoned City Center District, allowing for a broad range of commercial uses.
    • Proximity to downtown businesses, restaurants, waterfront parks, and civic amenities.
    • Interior includes multiple private offices, conference room, reception area, kitchen/break room, and three restrooms.

    Overview

    This established professional office building, located in downtown Punta Gorda, offers approximately 4,917 square feet of commercial space. The interior layout includes multiple private offices, a conference room, a reception area, a kitchen/break room, three restrooms, and several large multi-use areas. The property provides parking on three sides, as well as convenient street parking. The building has quick access to US-41 and is in immediate proximity to downtown businesses, restaurants, waterfront parks, and civic amenities. The location offers connectivity and convenience. The property is zoned City Center District, allowing for a range of commercial uses. The building is located in a sought-after commercial corridor. The location has a bike score of 70, indicating it is very bikeable, and a walk score of 53, indicating it is somewhat walkable. This property is designed to adapt to a variety of business needs and is suitable for professional, medical, and service-oriented users.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $106.2k $21.60
    − Vacancy −$25.1k −$5.10
    EGI $81.1k $16.50
    − OpEx −$20.3k −$4.13
    NOI $60.9k $12.38
    4,917 SF · lease $21.60/SF/yr · vacancy 23.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $869.4K
    $760.7K – $1.01M (±1% cap)
    NOI $60,857 @ 7.0% cap · market cap 5.53%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.61M
    $1.41M – $1.88M (±1% cap)
    NOI $112,698 @ 7.0% cap · market cap 10.25%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Integrity Employee Leasing Employment Agency FedEx Drop Box Postal Service Integrity Insurance Agency Insurance Agency

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Law Firm Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Punta Gorda
    County
    Charlotte
    State
    Florida
    Longitude
    -82.046937
    Latitude
    26.933931

    FAQs

    What type of property is this?
    Office building - Professional office building in downtown Punta Gorda with flexible space.
    Where is this office building located?
    The property is located at 128 W CHARLOTTE Ave Punta Gorda, FL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Prime downtown Punta Gorda location offering high visibility and accessibility.; Flexible 4,917± sq ft commercial space adaptable to various business needs.; Ample parking on three sides of the building plus street parking.
    More about this property
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