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Property profile & analytics
OFF-MARKET
Retail space

312 Sullivan St Punta Gorda, FL 33950-4826

1,536 SF 0.14 ac lot Built 1920
Individually Owned 6-yr Hold Free & Clear
Property ID
US18-8657162
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction METAL FRAME
Total area 1,536 SF
Lot 0.14 ac (6,256 SF)
Zoning code CC
APN 41-23-06-381-004
UPID US18-8657162
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Your Coupon Network Advertising Agency Marketing & Advertising
  • Charlotte County Imagination Library Charitable Organization Social Service Agency
  • The Purple House Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Dennis J Gilstad · 6 yrs held
Dennis J Gilstad
since 2019
Last sale
$475,000
6 recorded transactions
2019
$345,000
2007
Price N/A
2007
$330,000
2005
$260,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CC · Punta Gorda, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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