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Dedicated Parking Retail Office Building

208 W MARION AVE Punta Gorda, FL 33950

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.

Property Size2,862 SF
Price / SF$296
AddedJun 14
Days on Market32
Last RefreshJun 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

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


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Over 2,800 SF of flexible retail or office space
  • Dedicated parking on‑site
  • Prominent signage

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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Ace Hardware Punta ... Building Supply KeyExpress Locksmiths Locksmith

Suggested Use

Grocery & Convenience Store Big Box & Wholesale Store Carpet & Flooring Store Locksmith Parking Lot & Garage (Bike/Boat/Book/etc) Store Pharmacy Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

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
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