119 S Indiana Avenue Englewood, FL 34223
Five-unit strip plaza on a major state highway with a newer roof, parking lot, and signage.
Property Features for 119 S Indiana Avenue
General Information
- Standard status
- Active
- Size
- 6,286 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1958
Listing office LASBURY-TRACY REALTY INC. (941) 474-5585
Listing date Apr 28, 2026
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of LASBURY-TRACY REALTY INC.
Investment Insights
Based on property information with market context.
The plaza is located on a major state highway in Historic Old Englewood Village. Public remarks note substantial traffic counts on SR776 and highlight the nearby Wellen Park area as a fast-growing community, with the property positioned in the desirable X500 flood zone. Plenty of parking is available, supporting both tenant operations and customer access.
Current leasing is in place throughout the building. Two units are occupied by a single tenant under a five-year lease, while the remaining three units operate as individual month-to-month leases. This mix can align with a range of tenant and owner-occupant needs, and the property also includes room for expansion as described in the remarks. Overall, it presents a ready-to-run retail ownership opportunity with existing income coverage and practical site improvements.
Key Highlights
- Fully leased five‑unit strip plaza with 6,000 SF on a major state highway
- Newer roof, parking lot, and signage
- Two units have a single tenant with a five‑year lease; three units are month‑to‑month
