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115 W Dearborn St, Englewood
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.
- MLS® #C7421219
- Square Footage2,720
- Year Built1957
- Lot Description1/4 Acre to 21779 Sq. Ft.
- Listing Office:Riverside Realty Services Llc
- Address115 W Dearborn St
- CountySarasota County
- Zip Code34223
- CoolingCentral Air
- Days on Market233
Listing information courtesy of Riverside Realty Services Llc.
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Listing data comes from My Florida Regional MLS.
Listing information last updated on May 29th, 2020 at 6:15pm EDT.