H.W. Smith Arcade Building

121 East Marion Avenue, Punta Gorda, FL 33950

Property Information

  • For Sale $2,500,000
  • Property Type Retail
  • Lot Size 0.82 Acre
  • # of Floors 1
  • Property Tenancy Multi-Tenant
  • Year Built 1926
  • Year Renovated 2024
  • Date Updated Jun 30, 2026

Description

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 Remax Commercial ®, 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.

Contacts

Location

Located at 121 East Marion Avenue, Punta Gorda, FL 33950, this property is part of the Downtown Punta Gorda neighborhood.

Contact H.W. Smith Arcade Building
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