Englewood, FL 34223 115 W DEARBORN STREET

115 W DEARBORN STREET Englewood, FL - Image 1115 W DEARBORN STREET Englewood, FL - Image 2115 W DEARBORN STREET Englewood, FL - Image 3
  • MLS# C7421219
  • 10/11/2019
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Presented By: RIVERSIDE REALTY SERVICES LLC
  • SQFT • 2,720
  • Year Built • 1957

Home Details

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.
Presented By: RIVERSIDE REALTY SERVICES LLC

Interior Features for 115 W DEARBORN STREET

Other Interior Features

CoolingCentral Air
HeatingCentral
Living Area2720.00
UtilitiesPublic

General for 115 W DEARBORN STREET

Business TypeBar/Tavern/Lounge, Restaurant, Retail
Condo Environment YNNo
MLS Area34223 - Englewood
New ConstructionNo
Property SubTypeRetail
Property TypeCommercial
Special Listing ConditionsNone
StatusActive
Subdivision NameENGLEWOOD
Total Num Buildings1
Township40
Year Built1957
ZoningCG

Exterior for 115 W DEARBORN STREET

Building Area Total3702.00
Construction MaterialsBlock
Lot Size Acres0.29
Lot Size Square Feet12646
Road Frontage TypeCounty Road
SewerPublic Sewer
Water Access Y/NNo
Water Extras YNNo
Water View Y/NNo
Waterfront Feet Total0
Waterfront Y/NNo

Additional Details

Price History

Karli Van Keuren

Realtor Associate
Price $799,000
MLS#C7421219
List Date 10/11/2019
Property Type Commercial
Phone 239.285.6655
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