406 N Indiana Ave Englewood FL

Investment Overview

Commercial Condo Investment Property/Owner User for Sale and Lease - 2 Units for Sale. Each unit is 1000 sf each. A total of 2 units 2000 sf. Both currently leased option to use one for owner/user. Newly remodeled with a new roof/soffit/facial/gutters with warranties, new signage, and updated plumbing. The condos are units 3 and 4 of the Plaza with ample parking on site. Located on the north side (Sarasota County) of Englewood on the main state route 776. This is a nice area for medical/office/retail in a beach front community. The original plat of Englewood was recorded and filed on August 17, 1896. The home lots were 1-acre, and the grove lots—likely intended for citrus—were 10 acres. The area was developed by three brothers, and the name Englewood came from their hometown, Englewood, Chicago. Some streets, such as Dearborn, Harvard, and Yale, are named after those in Chicago. Englewood has a private utility company, the Englewood Water District, and the Englewood Fire District that serves the community. Popular entertainment includes the beach, restaurants, and a small shopping district located primarily along Dearborn Street. This is a superb investment opportunity. Contact Tammy Shaw for lease details at 941-769-2222.

Investment Highlights

• Only 2 units left for sale both are fully leased
• 2 units for Sale 2000 sf or sold individually at 1000 sf each.
• Building in good condition new roof/soffit/facia/gutters with updated plumbing, signage, etc.
• Ample parking, new resurfacing and stripping.
• Location is good on main route 776 with adequate ingress/egress.
• Income from both units, one unit has owner/user option.