312 Sullivan St Punta Gorda, FL 33950-4826
Embrace a rare opportunity to own a piece of Punta Gorda history with this charming 1,536 square foot commercial building situated on a 0.14-acre lot at 312 Sullivan Street, in the heart of downtown. Built in 1920, this "Purple House" offers a flexible interior layout featuring several spacious rooms, a kitchen area, and two fireplaces. Extensively remodeled in 2019, the property includes a paver driveway providing on-site parking, supplemented by convenient street parking. Its central location offers easy access to restaurants, shops, government offices, and the downtown parking garage, ensuring high foot traffic and visibility. The property benefits from its proximity to popular events like the Saturday Farmers' Market and the Sullivan Street Art Festival. While the building sustained some flood damage during recent hurricanes, it has since been thoroughly cleaned and is ready for renovation and customization to suit your business needs. This as-is sale presents a unique chance to create a thriving business in a vibrant and growing community. The asking price is $525,000. This is an exceptional opportunity to own a historic property in a highly desirable location with significant potential for growth and return on investment.
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Your Coupon Network Advertising Agency Marketing & Advertising
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Charlotte County Imagination Library Charitable Organization Social Service Agency
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The Purple House Salon Hair Salon Nail Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Punta Gorda, FLPunta Gorda. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.