Positioned along bustling Marion Avenue (US Hwy 17) in the heart of downtown Punta Gorda, this property is zoned for versatile mixed use, offering endless possibilities for commercial and residential development, with a existing water meter, and zero lot line. With a 2024 AADT of 7,100, it guarantees excellent visibility and foot traffic in a charming, highly desirable area. A complimentary 400 car parking garage is located one block over. Envision your business, residence, or a blend of both in this vibrant, walkable location, surrounded by boutique shops, local restaurants, business locations, and the energy of historic Punta Gorda. Downtown is host to art festivals and weekly farmer markets. Possible Seller financing/permission to build: 50% down, 30yr/6%, 3 year balloon.