Industrial Building in Port Charlotte, FL Sold for $3.5 Million

Port Charlotte, Fla.  – Coldwell Banker Commercial Sunstar Realty, Member Schmidt Family of Companies, represented both the buyer and the seller in the sale of a fully insulated metal industrial building located in Port Charlotte, Fla. The property was sold for $3.5 million.

Ray Brunner, CCIM, a commercial real estate professional with Coldwell Banker Commercial Sunstar Realty, represented both the buyer and the seller in the transaction.

The property, built in 1972, is located at 18505 Paulson Dr., Unit A, spans 42,880 square feet on 3 acres of land and has 100 parking spaces.

“Located in the center of Port Charlotte’s business district and with access to U.S. Highway 41, state Route 776 and Interstate 75, the property offered the owner-user capability in a highly-trafficked area that the buyer was searching for. It will be remodeled to better serve the new owner’s business plan and is scheduled to reopen in 2022,” said Brunner. 

About Coldwell Banker Commercial Affiliates

Coldwell Banker Commercial Sunstar Realty, Member Schmidt Family of Companies, is the local affiliate of Coldwell Banker Commercial® and provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition, and disposition of all property types. Since 1906, the Coldwell Banker Commercial brand has been a premier provider of real estate, recognized globally as a company that puts the client first while delivering individual, distinctly different service. With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises almost 200 companies and more than 3,000 professionals throughout the U.S. and internationally. For additional information, visit www.cbcworldwide.com