7.4% Cap Rate for this mixed use property. Owner Financing Available. Entire property leased out except for an efficiency apartment in the rear building exclusively for landlord use! Beautifully renovated commercial building in the heart of downtown Punta Gorda that also provides a great rate of return. Only a few hundred feet from the newly built Charlotte Harbor Event Center. This beautiful two story building has been upgraded to include zoned air conditioning with UV lighting, flash electrical water heater, and other green features. This building holds a working yoga studio in the first year of a five year lease. All renovations done with non-chemical paints, floating glue-free floors and a built in reception desk built from the original 100 year old wood from the renovation. There is a large reception, a large downstairs open area and upstairs has three offices and a large conference room /studio room. Each room is individually wired with its own cooling and music control. The second building is a renovated two story apartment with a bathroom on each floor. Studio has been in operation for over 9 years. Financials and other relevant docs attached.
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