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Freestanding Restaurant with 131 Seats
For Sale
$1,135,000

3245 Tamiami Trl, Port Charlotte, FL 33952

Second-generation restaurant offering 131 seats and CG zoning with frontage on US-41.

Property Size3,144 SF
Lot Size0.34 Acres
Price / SF$361.01
Days on Market105

Property Features for 3245 Tamiami Trl

General Information

Standard status Active
Size 3,144 SF
Lot size 0.34 Acres
Property subtype Retail - Restaurant
Zoning CG

Site & Location

Traffic Count 60,000 vehicles/day
Highway Access Yes

Building Details

Building Size 3,144 SF
Year Built 1974
Listing Agency: RIPCO Real Estate
Listed By: Gene Ruiz · License #SL3522718
Source: Commercialcafe
Added: Jul 10 Changed: Oct 16 Last Checked: Oct 20 at 5:44PM

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 RIPCO Real Estate

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Investment Insights

Based on property information with market context.

3245 Tamiami Trail is a fully-equipped, freestanding, second-generation restaurant and hospitality property configured for restaurant operations. The building includes approximately 3,144 SF with seating for 131, situated on about 0.34 acres and zoned CG (Commercial General). Recent upgrades include a new roof, multiple HVAC units, and a resurfaced/restriped lot, helping limit near-term capital needs.

The site provides approximately 1,200 feet of frontage on South Tamiami Trail (US-41) and is described as having 60,000+ AADT, along with strong building and pylon signage. Daytime demand is supported by approximately 1,800+ nearby hospital employees, with additional support from national retailers and dense surrounding residential.

RIPCO Real Estate has been retained exclusively to arrange the sale of this Port Charlotte asset.

Key Highlights

  • Fully equipped freestanding, second‑generation restaurant/hospitality asset with 3,144 SF and 131 seats
  • Located on 0.34 acres and zoned CG (Commercial General)
  • 20 0 FT frontage on South Tamiami Trail (US‑41) with 60,000+ AADT

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,025
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$840,500 $840.5K
Cap Rate 7%
$600,357 $600.4K
Cap Rate 9%
$466,944 $466.9K
Market Conditions
NOI Build-Up for 3,144 SF
Gross rent
$59.6K $18.96/SF
− Vacancy
−$3.6K −$1.14/SF
EGI
$56.0K $17.82/SF
− OpEx
−$14.0K −$4.46/SF
NOI
$42.0K $13.37/SF
Area
Charlotte County, FL
Vacancy
6.00%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$840,500
Cap Rate 7%
$600,357
Cap Rate 9%
$466,944

Alternative Uses

Best Use
Specialty Retail
$600.4K
$525.3K – $700.4K (±1% cap)
NOI $42,025 @ 7.0% cap · market cap 3.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$900.8K – $1.20M (±1% cap)
NOI $72,060 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Olympia Restaurant Restaurant

Suggested Use

Top Pick Restaurant Parking Lot & Garage Storage Facility Big Box & Wholesale Store Garden Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

60,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,841
Businesses Nearby
113k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 39% Dining 33% Apparel 15% Home Improvements & Furnishings 9%
McDonald's Dining
31,148 visits/mo 0.1 miles
Bealls Apparel
17,023 visits/mo 0.2 miles
7-Eleven Shops & Services
14,065 visits/mo 0.3 miles
Sunshine Ace Hardware Inc Home Improvements & Furnishings
8,470 visits/mo 0.4 miles
Shell Shops & Services
7,840 visits/mo 0.2 miles

Demographics for 33952, FL

32,084
Population
17,682
Households
1.8
Avg Household Size
52
Median Age
20%
College-Educated
88%
High-School Grad
11.0 sq mi
ZIP Area
2,917
Density / Sq Mi
$56,117
Median Household Income
$33,999
Median Earnings
$1,249
Median Rent
$224,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Second-generation restaurant offering 131 seats and CG zoning with frontage on US-41.
Where is this conventional restaurant located?
The property is located at 3245 Tamiami Trl Port Charlotte, FL.
What is the asking price?
The asking price for this property is $1,135,000.
What are key features of this property?
This property features: Fully equipped freestanding, second‑generation restaurant/hospitality asset with 3,144 SF and 131 seats; Located on 0.34 acres and zoned CG (Commercial General); 20 0 FT frontage on South Tamiami Trail (US‑41) with 60,000+ AADT
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