115 W Dearborn Street

ENGLEWOOD, FL 34223

About this property

Excellent investment opportunity in one of the most in demand areas in SW Florida. This is a fully leased restaurant on Dearborn St. in Englewood. The property was completely renovated in 2011 and is in excellent condition. Building is on two lots with the extra lot providing excellent parking (could also be utilized for future expansion). There is also street parking along New York Ave. Tenant has been in place for approximately 5 years and recently signed a new 3 year lease (expires 6/30/22). Tenant pays base rent, utilities, all maintenance and insurance. Capitalization based on the list price is 6.49%All information provided is subject to confirmation by the buyer.

Date Added
October 11, 2019
Listing Status
Active
Days On Site
463
MLS#
C7421219

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
iqweb_
Sub-Type
Resale
Year
1957
Zoning
CG
Square Feet
2,720
Units
0
Story(s)
0
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$799,000 Active
2,720 SQFT

Presented By Coldwell Banker Tony Hubbard Realty

Clermont

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Get in touch today! Phone: (352) 394-4031
Brokerage
Clermont
(352) 394-4031

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