Commercial Sale Property - Retail in Englewood
SOLD for $1,150,000 on November 9, 2020
Listing Price: $1,750,000Sold Price: $1,150,000Sold Price/List Price: 66%
Sold Price/Original List Price: 63.89%
Description of Property
PRICE REDUCTION! Iconic Englewood Restaurant known for great food and service with Florida casual ambiance. Restaurant has been completely remodeled including kitchen equipment. A truly "Turn-Key" well-established restaurant with tremendous track record since 1955. Seating Capacity of 245 seats. 4 COP license is not transferable. Estimated at $1,820 annually. Over $300,000.00 in FF&E. Business is also for sale at $299,000 under separate listing agreement.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Retail
City: Englewood
County: Sarasota
Subdivision: Town Center
Sq. Ft. Gross: 8,798
Sq. Ft. Living Area: 8,798
Cost per (heated) sqare foot: $199
Year built: 1971
Annual Tax: $18,394
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Waterfront Info
Exterior & Construction
Construction: Brick, Wood Frame
Parking Features: Over 30 Spaces
Floors in Unit:
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Lot Information
Lot Size (acres): 0.77
Lot Size (sq. ft.): 33,754 square feet
Road Frontage: Divided Highway
Legal Description & Other Information
Parcel Number: 0497160054
Zoning: CG
Tax Legal Desc.: LOTS 47 & 48 LESS ST RD R/W TOWN CENTER SUB OF LOTS 83 & 84 PLAT OF ENGLEWOOD
Listing courtesy of CORR COMMERCIAL ADVISORS LLC. 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.