Commercial Sale Property - Multi Family in Englewood
Listing Price: $1,500,000
Description of Property
FULLY LEASED FIVE UNIT STRIP PLAZA. This 6000 SF plaza has a new roof, parking lot and a new sign on busy SR776. Located 200 feet from the intersection of Historic Dearborn Street and Indiana Ave this property has great traffic counts and exposure and is sure to appreciate for years to come thanks to its fantastic location. Three units are leased month to month and the double unit on the end has just signed a new six year lease. This one acre parcel has room to expand for additional income opportunities and has all the utilities available and desirable X flood zone for cost effective expansion. If you are looking for a new home for your current business or just shopping for a safe haven with income, this property presents a unique opportunity. Seller financing is being offered to well qualified buyers.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Multi Family
City: Englewood
County: Sarasota
Subdivision: Prospect Park
Sq. Ft. Gross: 6,286
Sq. Ft. Living Area: 5,640
Cost per (heated) sqare foot: $266
Total Units: 5
Year built: 1958
Annual Tax: $10,930
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Waterfront Info
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Water Access: Not specified
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Exterior & Construction
Architectural Style:
Construction: Block
Foundation: Slab
Roof: Membrane
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Cooling: Central Air
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Sewer: Public Sewer
Water Source: Public
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Lot Information
Lot Features:
Lot Size (acres): 0.8
Lot Size (sq. ft.): 35,044 square feet
Lot Dimensions: 120 x 280
Road Frontage: State Road
Front Exposure: West
Adjoining Property: Commercial
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional, Owner May Carry
Parcel Number: 0853050001
Zoning: CG
Tax Legal Desc.: COM NW COR SEC 31 TH S-0-42-11-W 938 FT TH S-89-11-49-E 50 FT FOR POB TH S-89-11-49-E 290 FT TH N 121.4 FT M/L TH W 290 FT M/L TH S 120.1 FT M/L TO POB BEING PART OF BLK 6 PROSPECT PARK
Section: 31
Range: 20
Listing courtesy of LASBURY-TRACY REALTY INC.. 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.