Address
167 W Dearborn STREET, ENGLEWOOD, FL
Price
$ 2,200,000
Property Attributes
  • MLS#D6134765
  • TypeCommercial
  • CountySARASOTA
  • CityENGLEWOOD
  • AreaEnglewood
  • NeighborhoodEnglewood
  • Zip34223
  • StyleMixed Use
  • Year Built1958
  • Taxes$ 15238
  • Price$ 2,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7560
  • Lot Size0.91 Acres
Data Source:
Stellar MLS
Property Description

LOCATION , LOCATION! Corner lot with frontage on both W. Dearborn and S.McCall Road. Excellent investment opportunity in one of the most sought locations in demand in SW Florida. MIXED USE! Up to Twenty-Five (25) residential units per acre is permitted on this Main Street. Besides the CG zoning. This property has Forty-Nine (49) marked Parking Spaces with extra green space for parking. The property not only offers ample parking facilities for tenant and customer convenience but also benefits from its strategic location, drawing significant foot traffic. This enhances the visibility and marketability of the retail spaces. Popular retail neighborhood with historic designation. Shops oriented to tourism and local neighborhood consumption. Part of Sarasota County's Community Redevelopment Plans and in Old Englewood Village. Growth of the existing community maintaining the current historic environment and ambiance of "Old Florida" architecture. Ownership on W Dearborn is an opportunity to work with many dedicated individuals who have a sincere interest in participating in the growth of the neighborhood as a historic retail and entertainment center. W. Dearborn Street is the spot for dozens of concerts, local art and craft fairs, festivals, farmer's markets, car shows, and parades which is just some of the fun enjoyed by residents and visitors as well during the year. All information provided is subject to confirmation by the buyer.

Price History
2/9/2024 Listed $2,200,000

General Features

Cooling Central Air
Zoning CG
Security Features Fire Alarm,Security Lights
Construction Materials Block
Year Built 1958
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Sole Proprietor
County Sarasota
New Construction No
Property Type Commercial Sale
Subdivision Name ENGLEWOOD
Status Active
Directions Heading North on Indiana Ave.,Left on West Dearborn.
City ENGLEWOOD
Buyer Agent Compensation 3%
MLS Area 34223 - Englewood
Lot Size Square Feet 39804
Waterfront Y/N No
Street Name Dearborn
Tax Annual Amount 15238
Public Remarks LOCATION,LOCATION! Corner lot with frontage on both W. Dearborn and S.McCall Road. Excellent investment opportunity in one of the most sought locations in demand in SW Florida. MIXED USE! Up to Twen
Virtual Tour https://drive.google.com/file/d/1vT8ASCVWSCoG5ohYJaia6hF7yaB8ZETs/view?usp=sharing
Days on Market 5
Standard Status Active
Tax Lot 7,8,9,10,11,12
Legal Description LOTS 7 8 9 10 11 12 BLK 1 SUB OF LOTS 87 & 88 PLAT OF ENGLEWOOD
Water Access Y/N No
Water View Y/N No

Interior Features

Flooring Epoxy
Air Conditioning Y/N Yes
Street Suffix STREET
Living Area Units Square Feet

Exterior Features

Lot Size Area 39804
Foundation Details Slab
Number of Buildings 1
Building Area Total 7560
Lot Size Acres 0.91
Road Surface Type Asphalt,Paved
Lot Size Units Square Feet
Road Frontage Type Business District,County Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 34223

Price
AVG $1.15M
$2.2M
Taxes
AVG $6,659
$15,238
Visits
AVG 266
227
Data Provided by Inside Real Estate®
Year Built
AVG 1973
1958