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    Dedicated Parking Retail Office Building Title is generated by Realmo AI

    208 W MARION AVE, Punta Gorda, FL 33950

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    Over 2,800 SF flexible retail or office space with dedicated parking and prominent signage in a walkable downtown district.

    Type:Retail, Office
    Property size:
    2,862 SF
    Price / SF:
    $296/SF
    Added:
    Jun 14, 2026
    Days on Market:
    14
    Last Refresh:
    Jun 20 at 7:41 am

    Property Features for 208 W MARION AVE

    General Information

    Standard status
    Active
    Size
    2,862 SF
    Property subtype
    Retail, Office

    Building Details

    Year Built
    1945

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    Larry Richards

    Listing office Optimus Realty Partners Inc

    Listing date Jun 14, 2026

    Source Crexi

    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 Optimus Realty Partners Inc

    HighLights

    • Over 2,800 SF of flexible retail or office space
    • Dedicated parking on‑site
    • Prominent signage
    • Located in the highly visible, walkable downtown commercial district of Punta Gorda
    • Year built: 1945
    • Seller is open to considering a leaseback for a period after the current business relocates

    Overview

    This offering at 208 W Marion Ave presents more than 2,800 SF of flexible space suited to retail, office, or food service use. The property includes dedicated parking and is positioned for visible storefront presentation with signage. Current business operations will be relocating, and the seller may consider leasing the property back for a period.

    Located in the highly visible section of Punta Gorda’s walkable downtown commercial district, the building benefits from a pedestrian-oriented retail and business environment. The combination of downtown foot traffic character and on-site signage supports visibility for a new or relocating concept.

    For tenants and buyers looking for a dedicated spot to operate, this configuration can support a store, professional office, or food service business within a central downtown setting. Dedicated parking adds practical convenience for employees and customers, while the existing retail/office-oriented nature of the space can help streamline an operator’s transition. With the seller potentially willing to consider a short-term leaseback, it may also help provide continuity during the move to a new occupant.

    Local Financial Insights For Retail

    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 $75.2k $26.28
    − Vacancy −$2.5k −$0.87
    EGI $72.7k $25.41
    − OpEx −$21.8k −$7.62
    NOI $50.9k $17.79
    2,862 SF · lease $26.28/SF/yr · vacancy 3.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $727.3K
    $636.4K – $848.5K (±1% cap)
    NOI $50,912 @ 7.0% cap · market cap 5.99%
    Second Best
    Office B
    $506.0K
    $442.8K – $590.4K (±1% cap)
    NOI $35,422 @ 7.0% cap · market cap 4.17%
    Theoretical Best
    Office A
    $937.1K
    $820.0K – $1.09M (±1% cap)
    NOI $65,597 @ 7.0% cap · market cap 7.72%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Ace Hardware Punta ... Building Supply KeyExpress Locksmiths Locksmith

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Law Firm 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
    -82.045866
    Latitude
    26.938413

    FAQs

    What type of property is this?
    Storefront property - Over 2,800 SF flexible retail or office space with dedicated parking and prominent signage in a walkable downtown district.
    Where is this storefront property located?
    The property is located at 208 W MARION AVE Punta Gorda, FL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Over 2,800 SF of flexible retail or office space; Dedicated parking on‑site; Prominent signage
    More about this property
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