Listing photo for 115 W Dearborn St, Englewood, FL
Listing photo for 115 W Dearborn St, Englewood, FL
Listing photo for 115 W Dearborn St, Englewood, FL
Listing photo for 115 W Dearborn St, Englewood, FL
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115 W Dearborn St,

Englewood, FL $799,000

$799,000

2,720 Sqft
0.29 Acres

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.

Facts & Features
MLS® # C7421219
Price $799,000
Bathrooms 0.00
Square Footage 2,720
Acres 0.29
Year Built 1957
Type Commercial
Sub-Type Retail
Status Active
Community Information
Address 115 W Dearborn St
Area Englewood
Subdivision Englewood
City Englewood
County Sarasota County
State FL
Zip Code 34223
Amenities
Utilities Public
Is Waterfront No
Has Pool No
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Exterior Block
Lot Description 1/4 Acre to 21779 Sq. Ft.
Additional Information
Days on Market 177
Zoning CG
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Office Riverside Realty Services Llc
Photo of Patty Keen-Freed

Patty Keen-Freed

Office: 941.5243.8465
Cell: 941-737-1484

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on April 4th, 2020 at 12:00am EDT.