167 W Dearborn St, Englewood, FL 34223 | For Sale

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For Sale $1,900,000 ($251.32 per Sq Ft)

$1,900,000 ($251.32 per Sq Ft)
  • (0)
  • Units
  • 7,560 Sq Ft
  • 39,804 Sq Ft
  • Unknown Cap Rate

Description

LOCATION , LOCATION! Corner lot with frontage on both W. Dearborn and S.McCall Road. Excellent investment opportunity in one of the most sought locations in demand in SW Florida. MIXED USE! Up to Twenty-Five (25) residential units per acre is permitted on this Main Street. Besides the CG zoning. This property has Forty-Nine (49) marked Parking Spaces with extra green space for parking. The property not only offers ample parking facilities for tenant and customer convenience but also benefits from its strategic location, drawing significant foot traffic. This enhances the visibility and marketability of the retail spaces. Popular retail neighborhood with historic designation. Shops oriented to tourism and local neighborhood consumption. Part of Sarasota County's Community Redevelopment Plans and in Old Englewood Village. Growth of the existing community maintaining the current historic environment and ambiance of "Old Florida" architecture. Ownership on W Dearborn is an opportunity to work with many dedicated individuals who have a sincere interest in participating in the growth of the neighborhood as a historic retail and entertainment center. W. Dearborn Street is the spot for dozens of concerts, local art and craft fairs, festivals, farmer's markets, car shows, and parades which is just some of the fun enjoyed by residents and visitors as well during the year. All information provided is subject to confirmation by the buyer.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,900,000
Property Type Flex Space
Usable Sqft 7,560
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1958
Last Sold Unknown
Sold Price Unknown
APN # 0503010007
MLS # D6134765
Property ID 318049525
Lot Sqft 39,804
Zoning CG
Days on Market 287
Original List Price $2,200,000
Date Updated July 30, 2024
Date Created February 09, 2024

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Christine Garrison an agent of . Lic #3138088


© 2024 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of July 30, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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