Restaurant at 111 W OLYMPIA AVE, PUNTA GORDA
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25 photos

$1,000,000

111 W OLYMPIA AVE
PUNTA GORDA, FL 33950
Listed by Taylor Brady · RE/MAX PALM REALTY
Bedrooms
N/A
Bathrooms
N/A
Living area
2,221 sqft
Year built
1952

About this home

Located in the heart of vibrant downtown Punta Gorda, 111 W. Olympia Ave. presents a rare opportunity to own a premier commercial property occupied by one of the area's well-established and recognizable restaurants. A longtime staple in the community, the restaurant has built a loyal customer base and contributes to the energy and charm that make downtown Punta Gorda such a sought-after destination. The property is thoughtfully designed for restaurant operations, featuring a commercial kitchen, dedicated cooler area, a spacious open dining room, and covered outdoor seating for guests to enjoy Florida's year-round weather. Positioned along one of downtown's busiest corridors, the property benefits from exceptional exposure with an average daily traffic count of approximately 13,500 vehicles, providing outstanding visibility for the established business. Surrounded by popular shops, restaurants, the waterfront, and the city's many festivals and events, this prime downtown location offers consistent foot traffic and exceptional long-term investment potential in one of Southwest Florida's most desirable commercial districts.

Property details

MLS #
MFRC7528902
Property type
Restaurant
Subdivision
PUNTA GORDA
Status
Active
Days on market
3
On market date
August 10, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.09 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
SALLIE JONES ELEMENTARY SCHOOL
0.66 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
674
Student:teacher ratio
15.0:1
District
CHARLOTTE
Middle
PUNTA GORDA MIDDLE SCHOOL
1.01 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,228
Student:teacher ratio
21.5:1
District
CHARLOTTE
High
CHARLOTTE HIGH SCHOOL
0.88 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,950
Student:teacher ratio
22.9:1
District
CHARLOTTE

Walkability

Blended score for PUNTA GORDA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

67
Walkable
out of 100
EPA National Walkability Index
12.8 / 20 -- Above average walkable
Google Places amenity density
70 / 100
Restaurants & cafes20
Grocery stores2
Parks15
Schools11
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in PUNTA GORDA, from live MLS data.

On the market 3 days -- 208 fewer days than PUNTA GORDA's current average of 211 days.
For reference, the median list price across 2,963 active listings in PUNTA GORDA right now is $150,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$6,172/mo
$200,000 down
$800,000 loan
Principal & interest$5,189
Property tax (est.)$833
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 13, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.