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Multi Family - ENGLEWOOD for Sale

167 W DEARBORN, ENGLEWOOD, FL 34223

Asking Price$1,600,000 Change Price$300,000

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  • Days on market:

    294 day(s)
  • Original Price:

    $2,200,000
  • Price per sqft:

    $211.64
  • Tax Legal Description:

    LOTS 7 8 9 10 11 12 BLK 1 SUB OF LOTS 87 & 88 PLAT OF ENGLEWOOD
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Construction Type:

    Block
  • Cooling Description:

    Central Air
  • Floor Description:

    Epoxy
  • Special Listing Conditions:

    None

Description

$1,600,000 • living size area 7560 sqft

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.

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