Address
115 W DEARBORN STREET Englewood, FL
Price
$ 799,000
Property Attributes
  • MLS#C7421219
  • TypeCommercial
  • CountySARASOTA
  • CityEnglewood
  • AreaEnglewood
  • NeighborhoodEnglewood
  • Zip34223
  • StyleRetail
  • Year Built1957
  • Taxes4048
  • Price$ 799,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2720
  • Lot Size12,632 SqFt
Listing Provided Courtesy Of:
RIVERSIDE REALTY SERVICES LLC
Property Description

Excellent investment opportunity in one of the most in demand areas in SW Florida. This is a fully leased restaurant on Dearborn St. in Englewood. The property was completely renovated in 2011 and is in excellent condition. Building is on two lots with the extra lot providing excellent parking (could also be utilized for future expansion). There is also street parking along New York Ave. Tenant has been in place for approximately 5 years and recently signed a new 3 year lease (expires 6/30/22). Tenant pays base rent, utilities, all maintenance and insurance. Capitalization based on the list price is 6.49% All information provided is subject to confirmation by the buyer.

Price History
6/25/2020 Listed $799,000

General Features

Business Type Bar/Tavern/Lounge, Restaurant, Retail
Construction Materials Block
Cooling Central Air
Heating Central
MLS Area 34223 - Englewood
Property SubType Retail
Property Type Commercial
Sewer Public Sewer
Special Listing Conditions None
Status Active
Subdivision Name ENGLEWOOD
Total Num Buildings 1
Township 40
Utilities Public
Year Built 1957
Zoning CG

Interior Features

Living Area 2720.00

Exterior Features

Building Area Total 3702.00
Lot Size Acres 0.29
Lot Size Square Feet 12646
Road Frontage Type County Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 34223

Price
AVG $730K
$800K
Taxes
AVG $9,564
$4,048
Visits
AVG 58
29
Year Built
AVG 1979
1957
Walkscore
AVG 35
64
Data Provided by Walkscore ® not using MLS data

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