Downtown Free-Standing Retail/Office

Description:

251 E Olympia Avenue is a freestanding 1,238± SF commercial building positioned on a highly visible corner in Downtown Punta Gorda. The concrete block building consists of two commercial spaces, offering flexibility for an owner-user, investor, or combination of both. Unit A features an open gallery-style layout with large storefront windows, abundant natural light, a separate work area, rear storage/private space, kitchenette, and restroom with shower. Unit B offers a wide-open rectangular layout with a restroom in the rear, making it well suited for office, retail, studio, service, or other commercial use. The property sits on approximately 0.11 acres with roughly 92 feet of frontage along E Olympia Avenue, dedicated on-site parking, additional nearby street parking, building signage, and rear access. A new HVAC system was installed in 2026 for Unit A, while Unit B is served by a window unit.

The property currently has a month-to-
month bail bonds tenant who is willing to remain, giving a buyer the option for immediate rental income while occupying or repositioning the remainder of the
building. Its downtown location and City Center zoning create an additional long-term opportunity beyond the existing improvements. The City of Punta Gorda has specifically identified East Downtown Olympia Avenue in its broader planning efforts for potential redevelopment and infill, making the property appealing to buyers looking for both current utility and future development potential. Any intended use or redevelopment should be independently verified with the City of
Punta Gorda.





Approximately 92 feet of frontage on E Olympia Avenue
City Center zoning
Concrete block construction
Built in 1966
New HVAC in Unit A, installed 2026
Large storefront windows with excellent natural light
Open gallery/showroom-style floor plan
Kitchenette and rear storage/private area
Dedicated on-site parking plus nearby street parking
Rear access
Building signage opportunity
City water and sewer
Existing month-to-month tenant willing to remain
Potential for future redevelopment or expansion, subject to City approvals
Walkable to Downtown Punta Gorda restaurants, businesses, hotels, and waterfront amenities
Easy access to US 41, US 17, I-75, and Punta Gorda Airport

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