315 TAYLOR ST Punta Gorda, FL 33950

Rare opportunity to own an income producing investment property with a 7% return in Punta Gorda Historic downtown district in prime location - lease in place operating as a Café - zoning is city center (cc) allowing office, retail, mixed use. This stand alone building is centrally located at 315 Taylor Street in a high energy location surrounded by other businesses, Historic Courthouse, Wells Fargo Bank and near the location of weekend farmer's market, Thursday night Gallery Walk and many annual downtown events. Property has many code upgrades as of 2014 such as Handicap ramp, Café use bathroom requirements, etc. as well as an ambiance of an interior fireplace and exterior front porch – since 2010 area is growing approx. 14% with estimated population of 24,363 - Plenty of street parking, plus short distance to public parking corner of Olympia and Taylor & city parking garage nearby. This is your chance to be a central part of the unique historic developing downtown. Located in area with potential increasing property values in desirable city center zoning district and investor 7% cap rate.