H.W. Smith Arcade Building - Downtown Punta Gorda

121 E Marion Ave , Punta Gorda, FL 33950

  • For Lease $18.00/SF/YR
  • Property Type Retail - Strip
  • Property Size 14,066 SF
  • Units 1
  • Lot Size 0.82 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 36
  • Property Tenancy Multi-Tenant
  • Year Built 1926
  • Date Updated Dec 16, 2024
Historical information from the Punta Gorda History Center: H.W. Smith Arcade Building – Punta Gorda’s first mini-mall was also the Post Office Directly across the street from the new Post Office is the old post office, which was located in the H.W. Smith Building, on the south side E. Marion Avenue, half way in between Nesbit and King Street (now US 41N). During the 1920s, Henry W. Smith owned a small bakery in Punta Gorda and delivered baked goods to local merchants in a horse-drawn wagon. In 1926, as the prosperity of the Florida Land Boom was about to collapse, Smith built an arcade in the commercial area town, on Marion Avenue east of King Street (now US 41N). The arcade was designed with a central hallway flanked by commercial space for shops and offices, much like a miniature version of today's enclosed malls. Smith relocated his bakery to the arcade and rented out the rest of the space to the U.S. Post Office and several other businesses. During the 30 years the Post Office occupied the rear of the building, mail was shipped twice daily to Punta Gorda. There was no home delivery at that time, so residents picked up their mail at the arcade, making it a gathering place in the community. The Post Office also provided a steady stream of potential customers for the other businesses in the building, which included a pharmacy, a home supply store and Smith's bakery. The H. W. Smith Building is the only arcade in Punta Gorda dating from the 1920s. This form of commercial building was common in Florida before 1930. It is also a fine example of Mission style architecture.Step into history with the iconic Arcade Building, located in the heart of downtown Punta Gorda, Florida. Built in 1926, this landmark property showcases classic Mission and Mediterranean Revival architecture, featuring a Spanish mission-style parapet, a tiled loggia, and a striking triple-arch entrance. The Arcade Building was designed to be one of the first indoor malls in the area, with a central hall flanked by storefronts, leading to a post office at the rear. This unique structure highlights the rich architectural history of Punta Gorda. The Arcade Building has been recognized for its historical and architectural significance and continues to serve as a functional commercial space today. Currently, it houses The Perfect Caper restaurant, the Florida Department of Corrections probation office, and the Florida Department of Juvenile Justice office contributing to its dynamic mix of tenants. Exclusively listed by SVN Commercial Partners, this property presents an exceptional opportunity for investors and businesses alike to own a piece of Punta Gorda’s rich history in a prime downtown location. Whether you're looking to expand your business or invest in historic real estate, The Arcade Building offers both character and convenience in one of Southwest Florida’s most vibrant commercial districts.Presenting an exceptional opportunity for lease at 121 E Marion Ave, Punta Gorda, FL 33950. This prime commercial space, spanning 1,763 square feet, boasts a strategic location at a busy intersection with a traffic light, ensuring maximum exposure for your business. Situated across from the Post Office, the well-maintained storefront offers an enticing prospect for retail, restaurant, or office use, with a versatile layout, abundant natural light, and modern fixtures. Additionally, ample parking further enhances the property's appeal, making it a standout destination for clientele. Elevate your brand's presence in this vibrant and bustling location.
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Highlights

  • - 1,763 square feet of prime commercial space for lease
  • - Strategic location at a busy intersection with a traffic light
  • - High visibility and maximum exposure for your business
  • - Versatile layout ideal for retail, restaurant, or office use
  • - Abundant natural light and modern fixtures
  • - Well-maintained storefront with attractive architectural features
  • - Situated across from the Post Office, enhancing customer accessibility
  • - Ample parking available for clientele and staff
  • - Ideal canvas to bring your business vision to life

Spaces Available

Contacts

broker

SVN | Commercial Partners

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable
  • Bike Score ®

    80/100 Very Bikeable
Powered by Walk Score ®
  • City Punta Gorda, FL
  • Neighborhood Downtown Punta Gorda
  • Zip Code 33950
  • Market Southwest Florida Coast

Points of Interest

  • RaceTrac

    1.51 miles

  • Mobil

    3.47 miles

  • Wawa

    3.67 miles

  • Murphy

    3.68 miles

  • Shell

    3.78 miles

  • Marathon

    4.98 miles

  • Speedway

    5.39 miles

  • Herald Court Center

    0.10 miles

  • Sunloft Center

    0.18 miles

  • Parking Lot 2 - Open Parking

    1.99 miles

  • Parking Lot 1 - Other Parking

    2.01 miles

  • Parking Lot 5 - Open Parking

    2.12 miles

  • Parking Lot 4 - Open Parking

    2.14 miles

  • Parking Lot 3 - Open Parking

    2.15 miles

  • Rental Car

    3.35 miles

  • Long Term

    3.42 miles

  • Short Term

    3.43 miles

  • The Perfect Caper

    0.01 miles

  • Hungry Howie's

    0.06 miles

  • Dean's South of the Border

    0.08 miles

  • Wildwood Pizza

    0.10 miles

  • Toula's

    0.11 miles

  • Italia

    0.11 miles

  • Pho Saigon

    0.11 miles

  • River City Grill

    0.12 miles

  • Sandra's Restaurant

    0.12 miles

  • The Belgian Monk

    0.12 miles

  • Publix

    1.21 miles

  • Winn-Dixie

    3.20 miles

  • Aldi

    3.59 miles

  • Walmart Supercenter

    3.71 miles

  • Bj's Fresh Produce

    4.42 miles

  • Peachland Promenade

    5.52 miles

  • Walmart

    6.06 miles

  • Murdock Carrousel

    6.95 miles

  • Quesada Commons

    7.23 miles

  • Burlington

    7.29 miles

Frequently Asked Questions

How much does retail space at 121 E Marion Ave cost?

The asking price for retail space at 121 E Marion Ave is $18.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 121 E Marion Ave ?

The property has 1,763 square feet of rentable Street Retail space. Rental opportunities here are available under NNN lease terms.

The building accommodates a Multi-Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 121 E Marion Ave ?

121 E Marion Ave offers 36 parking spaces. There are also other parking facilities in the area, with 2 parking option(s) located within 0.10 miles from 121 E Marion Ave .

Are there any potentially competing retail businesses in the area?

No, there are no spaces zoned for retail activities within a 0.5-mile radius around 121 E Marion Ave .

Is 121 E Marion Ave located in a popular area for retail businesses?

The property is part of Downtown Punta Gorda.

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SVN | Commercial Partners

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