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Englewood's Dearborn St Prime Investment

2 Land Properties Offered at $1,950,000 in Englewood, FL

Investment Highlights

  • PRIME DEVELOPMENT OPPORTUNITY - DEARBORN STREET - OLD ENGLEWOOD VILLAGE - SARASOTA COUNTY - ENGLEWOOD, FLORIDA
  • 2 Parcels Allowing Mixed Use - Retail with Living Space above - Boutique Hotel - Restaurant with Upper Lounge - Specialty Shops

Executive Summary

Premier Location - Commercial General Zoning - Mixed Land Use - X Flood Zone - almost ONE FULL ACRE (42,200 square feet) of improved land located in the heart of Old Englewood Village on Dearborn Street. These are two separate parcels, being sold together. Zoned CG and positioned within the "Main Street Overlay District", this specialty zoning modifies some existing zoning standards for the purpose of encouraging property owners to create a more traditional downtown environment. This property has 150 FEET OF FRONTAGE ON DEARBORN STREET WITH DIRECT STREET PARKING. PUBLIC UTILITIES ARE AVAILABLE ON SITE - INCLUDING WATER, SEWER AND POWER. DOUBLE WIDE ACCESS ROAD FOR BOTH PROPERTIES (348 W. Dearborn Street & 15 North Orange Street) is located on the west side of parcels. With this in consideration, put your skilled imagination to work. - Boutique Hotel - Microbrewery - Restaurant with Terraced Roof Top Lounge - Garden Deli with Atrium Seating - Specialty Retail Shops with Living Space above. Dearborn Street is currently home to Indoor/Outdoor Dining, Live Music Venues, Great Coffee Shops, Yoga and Exercise Studios, Specialty Stores offering Home Goods, Clothing, Artwork, and Custom Furnishings. THIS DOWNTOWN AREA IS HOST TO NUMEROUS PLANNED EVENTS - Music Festivals, Seafood Festivals, Art Shows, Halloween Safe Walk, Christmas Parade, Monthly Car Show and Fantastic Seasonal Farmers Markets. All these events happen right on Dearborn Street and most of them take place DIRECTLY across from this parcel in Pioneer Plaza Park and Bandshell which creates a natural overflow that will guarantee you MAXIMUM VISIBILITY and APPEALING LOCATION attracting locals and visitors alike looking for a new and exciting experience. There is no duplicating this property with the natural beauty and exceptional location! Sarasota County Street Improvements and Additional Parking Spaces have been completed! Be the visionary leader to see the FUTURE POTENTIAL WITH TRANSITIONAL GROWTH GOING ON NOW! Please call for more information and a walking tour.

Property Facts

Price $1,950,000
Sale Conditions Build to Suit
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Land Area 0.96 AC

Properties

Property Name / Address Property Type Land AC Land SF Individual Price
15 Orange St, Englewood, FL 34223 Land 0.51 AC 22,216 SF -
348 W Dearborn St, Englewood, FL 34223 Land 0.45 AC 19,602 SF -
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  • Listing ID: 32464988

  • Date on Market: 7/15/2024

  • Last Updated:

  • Address: Englewood's Dearborn St Prime Investment, Englewood, FL

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