Address
115 W DEARBORN STREET Englewood, FL
Price
$ 799,000
Property Attributes
- MLS#C7421219
- TypeSingle Family
- CountySARASOTA
- CityEnglewood
- AreaEnglewood
- NeighborhoodEnglewood
- Zip34223
- StyleRetail
- Year Built1957
- Taxes4933
- Price$ 799,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2720
- Lot Size12,632 SqFt
Listing Provided Courtesy Of:
RIVERSIDE REALTY SERVICES LLC
Data Source:
Stellar MLS
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%. This property may be available for owner occupancy prior to the expiration of the lease. If you have an interest in occupying the building and operating a restaurant, let's talk. All information provided is subject to confirmation by the buyer.
| Price History | |
|---|---|
| 3/7/2021 | 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 Sale |
| 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
Visits
Year Built
Walkscore
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Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
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The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The data is provided exclusively for the user's personal non-commercial use, and may not be used for any purpose other than to identify properties that the user may be interested in purchasing or leasing. The properties displayed may not be all of the properties in the MLS's database, or all
IDX information is provided exclusively for consumer's personal, non-commercial use. Data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed.
The Tallahassee Board of REALTORS® Inc Data on this site was last updated: April 15, 2021 10:51 PM UTC
