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119 S INDIANA AVENUE Englewood, FL $ 1,500,000
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$ 1,500,000 Get more info
119 S INDIANA AVENUE
$ 1,500,000
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119 S INDIANA AVENUE

Englewood, FL, 34223
$ 1,500,000
Bedrooms-- Baths-- Sq 5,640

Monthly Estimate*

$ 9,358

119 S INDIANA AVENUE, Englewood, FL 34223 - Image 1
119 S INDIANA AVENUE, Englewood, FL 34223 - Image 2
119 S INDIANA AVENUE, Englewood, FL 34223 - Image 3
119 S INDIANA AVENUE, Englewood, FL 34223 - Image 4

Commercial Property for sale in Englewood, FL

for $1,500,000. This 5,640 square foot building was built in 1958 on a lot size of 0.8.

FULLY LEASED FIVE UNIT STRIP PLAZA. This 6000 SF plaza has a new roof, parking lot and a new sign on busy SR776. Located 200 feet from the intersection of Historic Dearborn Street and Indiana Ave this property has great traffic counts and exposure and is sure to appreciate for years to come thanks to its fantastic location. Three units are leased month to month and the double unit on the end has just signed a new six year lease. This one acre parcel has room to expand for additional income opportunities and has all the utilities available and desirable X flood zone for cost effective expansion. If you are looking for a new home for your current business or just shopping for a safe haven with income, this property presents a unique opportunity. Seller financing is being offered to well qualified buyers.

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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 10,930

Style

Multi Family

Lot Size

0.8

Year Built

1958

Town/City

Englewood

County/Region

Sarasota

MLS | Web ID

D6141981
Features
General
Sewer Public Sewer
Cooling Central Air
Utilities Electricity Available Water Connected
Possession Negotiable
Roof Membrane
Zoning CG
Construction Materials Block
Year Built 1958
Property Subtype Multi Family
Tax Year 2024
Ownership Other
County Sarasota
New Construction false
Property Type Commercial Sale
Subdivision Name PROSPECT PARK
Facing Direction West
Status Active
Directions From I75 take exit 191 (River Road) west 10 miles to the intersection of Dearborn Street and Indiana Ave turn left on Indiana 200 feet to plaza on left.
City ENGLEWOOD
Number Of Units Total 5
MLS Area 34223 - Englewood
Lot Size Units Square Feet
Lot Size Square Feet 35044
Listing Terms Cash Conventional Owner May Carry
Tax Annual Amount 10930
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 6
Legal Description COM NW COR SEC 31 TH S-0-42-11-W 938 FT TH S-89-11-49-E 50 FT FOR POB TH S-89-11-49-E 290 FT TH N 121.4 FT M/L TH W 290 FT M/L TH S 120.1 FT M/L TO POB BEING PART OF BLK 6 PROSPECT PARK
Water Access Y/N false
Water View Y/N false
Flood Zone Code X500
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Interior
Air Conditioning Y/N true
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 35044
Foundation Details Slab
Number of Buildings 1
Building Area Total 6286
Lot Dimensions 120 x 280
Lot Size Acres 0.8
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type State Road
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Lasbury-Tracy Realty Inc.

Broker

bart@ltrhomes.com

Email

Affordability Calculator

$10,269
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$911
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/19/2025$1,500,000 Listed Price

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119 S INDIANA AVENUE, Englewood, FL, 34223 is a Commercial Property for sale at $1,500,000 with 5,640 sqft and a lot size of 0.8. 119 S INDIANA AVENUE was built in 1958. The property's zip code is 34223 which is in Englewood, FL

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