22417 HANCOCK AVE Punta Gorda, FL 33980
48,060 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 48,060 sqft
Price per Sqft $332
Subdivision Charles H Gross Sub
MLS Listing ID C7526617
Construction Status Pre-Construction
HOA Y/N No
Annual Tax Amount $5,787
Lot Size 1.790 Acres
Acres 1.79
Property Sub-Type Hotel/Motel
Source Stellar MLS
Property Description
Ideally located just east of US-41 (Tamiami Trail) near Charlotte Harbor, the property benefits from exceptional access to major medical centers, retail, restaurants, and established commercial corridors. The hotel is also positioned to capitalize on demand generated by the nearby Sunseeker Resort Charlotte Harbor, attracting overflow guests, business travelers, contractors, event attendees, and visitors seeking a nationally recognized hotel at a more moderate price point.
The approved project consists of an 84-room, three-story La Quinta Inn & Suites by Wyndham on approximately 1.786 acres. Extensive pre-development work has already been completed, including feasibility studies, engineering, civil and architectural plans, brand coordination, permitting, and FF&E planning. The completed hotel will feature spacious guest rooms, an inviting lobby, breakfast area, business center, fitness center, outdoor pool, and a full-service liquor bar, lounge, and dining area, creating additional guest amenities and revenue opportunities.
This is a rare opportunity for investors and hotel operators to acquire a newly constructed, nationally branded, turnkey hotel in a high-growth market without navigating the entitlement, design, permitting, and construction process. Seller intends to deliver the completed hotel, including the furniture package, subject to the terms of a negotiated purchase and sale.
Location
State FL
County Charlotte
Community Charles H Gross Sub
Area 33980 - Port Charlotte
Zoning CG
Interior
Cooling Central Air
Exterior
Water Access No
Roof Type Shingle
Exposure East
Building
Foundation Brick/Mortar
Lot Size Range 1 to less than 2
Structure Type Metal Frame
New Construction true
Construction Status Pre-Construction
Others
Ownership Fee Simple
Acceptable Financing Cash, Commercial Financing
Listing Terms Cash, Commercial Financing
Special Listing Condition None
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