115 W DEARBORN STREET, Englewood, FL 34223 | MLS C7421219 | Listing Information | Kimberly Young | BHHS Florida Realty
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Kimberly Young

Sales Professional
Cell: (941) 302-9820
Office: (941) 302-9820
Kimberlysellsflorida@gmail.com
 
Pending
$799,000

115 W DEARBORN STREET
Englewood, FL 34223

Single Family, Retail
Residence
2,720
Sq. Ft.
0.290312
Acre Lot
1of
Photos
Map
Courtesy: RIVERSIDE REALTY SERVICES LLC
BHHS Florida Realty> Florida> Englewood> 34223
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.
C7421219
Single Family, Retail, Other
Sarasota
1957
0.290312 Acres
Block
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: RIVERSIDE REALTY SERVICES LLC


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