501 Marion Ave Punta Gorda, FL 33950-3813

Property Details for 501 Marion Ave

Year built

1957

Lot size

0.22 lot acres

Zone code

NC

Property type

Commercial land

APN

41-23-06-406-001

APU

412306406001

Description

This exceptional commercial opportunity presents 0.51 acres of prime land in Punta Gorda, Florida, ideally situated on the corner of East Marion Avenue and Milus Street. Zoned for mixed-use/commercial development, this property boasts unparalleled visibility and convenient access to I-75, downtown Punta Gorda, and the thriving medical district. The location's proximity to the Charlotte County Justice Center further enhances its appeal. All impact fees are paid, and water meters are already installed, streamlining the development process. The property comprises four contiguous parcels, offering flexibility for various commercial ventures. An existing 1,200 square foot, two-bedroom, one-bathroom home, remodeled in 2019, is included, featuring a screened lanai and a detached 1.5-car garage. This home could serve as temporary office space or be repurposed to suit the buyer's needs. The land's value is $489.59 per square foot, making this a compelling investment at an asking price of $635,000. This is a truly remarkable opportunity to establish a successful business in a high-demand location. The property's "City Center" zoning designation ensures a wide range of development possibilities. Don't miss this chance to capitalize on this premium development opportunity.