Commercial Sale Property - Business in Englewood
Listing Price: $300,000
Description of Property
Rare opportunity to acquire a commercially zoned (CG) duplex in Englewood offering multiple value-add and redevelopment paths. Situated on a 6,000 SF lot, this property features two 2-bedroom, 1-bath units totaling 1,536 SF, each with separate utilities and vacant at closing, allowing immediate repositioning. One unit is move-in ready, while the second requires substantial renovation, creating an ideal scenario for investors seeking upside through rehab, re-tenanting, or redevelopment. New roof in 2022 adds confidence for near-term planning. Approximately four parking spaces possible. The Commercial General zoning allows for a wide range of potential uses, including office, service, retail, or future redevelopment, making this an excellent tear-down or hold-and-improve opportunity. Current improvements allow for interim income while planning entitlements or redevelopment. Perfect for investors, builders, or developers seeking a flexible asset with dual residential income and commercial land value. Property is being sold as-is. Buyer to verify all zoning, permitted uses, and redevelopment options.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Business
City: Englewood
County: Charlotte
Subdivision: Grove City
Sq. Ft. Gross: 1,956
Sq. Ft. Living Area: 1,536
Cost per (heated) sqare foot: $195
Year built: 1978
Annual Tax: $4,601
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Waterfront Info
Exterior & Construction
Construction: Stucco
Foundation: Slab
Parking Features: 1 to 5 Spaces
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Water Source: Public
Lot Information
Lot Features: Corner Lot
Lot Size (acres): 0.14
Lot Size (sq. ft.): 6,000 square feet
Road Frontage: City Street
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 412017483003
Zoning: CG
Tax Legal Desc.: GVC 000 0187 0011 GROVE CITY BLK187 LTS 11 12 & S1/2 LT 13 648/1729 1019-1070 1089/959 1764/2200 00T1769/341 FJ2319/2006
Section: 17
Range: 20E
Listing courtesy of KW COASTAL LIVING II. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.