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Punta Gorda Flex Space

1700 STEADLEY AVENUE, Punta Gorda, FL 33950

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For Sale

$1,100,000

Versatile commercial property near US-41, Punta Gorda.

Type:Commercial/Industrial

Property size:

5,750 SF

Lot size:

0.29 Acres

Price / SF:

$191/SF

We can help!

Contact an agent

Charles Thomas

Real Estate License ID: 3188423

HighLights

Strategically located one block from US‑41 with high traffic exposure.
Versatile spaces suitable for single or multi‑tenant use.
Four 1,250 sf warehouse units with two 8'x9' overhead doors each.
Zoned for commercial use with city water & sewer and 3‑phase electric availability.
Ample paved parking for tenants and clients.
Located near major retailers (Publix, CVS, NAPA Auto Parts) and restaurants.

For Sale

$1,100,000

Versatile commercial property near US-41, Punta Gorda.

Type:Commercial/Industrial

Property size:

5,750 SF

Lot size:

0.29 Acres

Price / SF:

$191/SF

Added:: May 6, 2024
Days on Market:: 793
Last Refresh:: May 20 at 2:12 am

Property Features for 1700 STEADLEY AVENUE

General Information

Standard status: Active
Size: 5,750 SF
Lot size: 0.29 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1975

We can help!

Contact an agent

Charles Thomas

Listing office MAXIM COMMERCIAL REAL ESTATE,

Listing date May 6, 2024

Source Exitrealty

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 MAXIM COMMERCIAL REAL ESTATE,

HighLights

Strategically located one block from US‑41 with high traffic exposure.
Versatile spaces suitable for single or multi‑tenant use.
Four 1,250 sf warehouse units with two 8'x9' overhead doors each.
Zoned for commercial use with city water & sewer and 3‑phase electric availability.
Ample paved parking for tenants and clients.
Located near major retailers (Publix, CVS, NAPA Auto Parts) and restaurants.

Overview

This 5,750 square foot property offers versatile spaces suitable for single or multi-tenant use, strategically positioned one block from US-41 within Punta Gorda's city limits. The building includes four 1,250 square foot warehouse units, each featuring two 8'x9' overhead doors, 11-foot clear-span height, and separate electric meters. Additionally, there are two 375 square foot office units, each with private entrances and restrooms. Zoned for commercial use, the property is equipped with city water and sewer, separate electric meters, and 3-phase electric availability. The location is near major retailers such as Publix, CVS, and NAPA Auto Parts, as well as a variety of restaurants. High traffic from Tamiami Trail provides exposure, making it suitable for businesses seeking convenience. Ample paved parking ensures easy access for tenants and clients, contributing to tenant retention. The property offers potential for long-term appreciation and favorable returns on investment.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$124.2k	$21.60
− Vacancy	−$29.3k	−$5.10
EGI	$94.9k	$16.50
− OpEx	−$23.7k	−$4.13
NOI	$71.2k	$12.38

5,750 SF · lease $21.60/SF/yr · vacancy 23.60% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.02M

$889.6K – $1.19M (±1% cap)

NOI $71,167 @ 7.0% cap · market cap 6.47%

Second Best

Warehouse

$770.8K

$674.5K – $899.3K (±1% cap)

NOI $53,958 @ 7.0% cap · market cap 4.91%

Theoretical Best

Office A

$1.88M

$1.65M – $2.20M (±1% cap)

NOI $131,790 @ 7.0% cap · market cap 11.98%

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

Property Profile Location Intelligence

Current Use by Public Records

APC Roofing Roofing Company

Suggested Use

Location Insight

Map
Local Demand

City: Punta Gorda
County: Charlotte
State: Florida
Longitude: -82.0462
Latitude: 26.9231

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For sale
Flex space
FL
Punta Gorda
33950
1700 STEADLEY AVENUE

What type of property is this?

Flex space - Versatile commercial property near US-41, Punta Gorda.

Where is this flex space located?

The property is located at 1700 STEADLEY AVENUE 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: Strategically located one block from US‑41 with high traffic exposure.; Versatile spaces suitable for single or multi‑tenant use.; Four 1,250 sf warehouse units with **two 8'x9' overhead doors each**.