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    Freestanding Retail & Office Building Title is generated by Realmo AI

    150 E Bay Heights Road, Englewood, FL 34223

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    Claim this Listing
    For Sale
    $325,000

    Move-in ready building with updated interior layout, onsite parking, and flexible space for office or retail use.

    Type:Office
    Property size:
    924 SF
    Price / SF:
    $351/SF
    Added:
    Apr 21, 2026
    Days on Market:
    55
    Last Refresh:
    Jun 14 at 1:46 am

    Property Features for 150 E Bay Heights Road

    General Information

    Standard status
    Active
    Size
    924 SF
    Property subtype
    Office

    Building Details

    Year Built
    1940

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    Listing Contact
    Bart Tracy II

    Listing agent Bart Tracy II License #3067180

    Listing office LASBURY-TRACY REALTY INC.

    Listing date Apr 21, 2026

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of LASBURY-TRACY REALTY INC.

    HighLights

    • Freestanding commercial building with general zoning and corner lot location, one block off SR776 in Central Englewood
    • Recently updated interior layout with two large rooms for multiple work spaces plus break room, full bath, laundry, and storage
    • Central Air cooling and heating (3)
    • Metal roof with new siding and other upgrades
    • Onsite parking and across the street from a large local bank

    Overview

    This freestanding commercial general zoned building has been recently updated and is set up for immediate occupancy. The interior features hardwood floors, exposed beam ceilings, and two large rooms that can support multiple workstations or product-focused areas. In addition to the main rooms, the space includes a break room, a full bath, and dedicated laundry and storage areas. Exterior improvements include a metal roof and new siding, along with other upgrades noted in the listing.

    The property is located one block off SR776 in Central Englewood, with convenient access and easy wayfinding. It is described as across the street from a large local bank and offers plenty of onsite parking.

    The layout and finishes make this property a practical fit for a service company seeking office space, or for a small retail business that benefits from a freestanding footprint and straightforward interior organization. With move-in readiness and the combination of open rooms plus supporting back-of-house areas, it supports day-to-day operations without requiring immediate buildout changes.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $24.3k $26.28
    − Vacancy −$801 −$0.87
    EGI $23.5k $25.41
    − OpEx −$7.0k −$7.62
    NOI $16.4k $17.79
    924 SF · lease $26.28/SF/yr · vacancy 3.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $234.8K
    $205.5K – $274.0K (±1% cap)
    NOI $16,437 @ 7.0% cap · market cap 5.06%
    Second Best
    Office B
    $163.4K
    $143.0K – $190.6K (±1% cap)
    NOI $11,436 @ 7.0% cap · market cap 3.52%
    Theoretical Best
    Office A
    $302.5K
    $264.7K – $353.0K (±1% cap)
    NOI $21,178 @ 7.0% cap · market cap 6.52%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Charlotte
    State
    Florida
    Longitude
    -82.3501
    Latitude
    26.9445

    FAQs

    What type of property is this?
    Office building - Move-in ready building with updated interior layout, onsite parking, and flexible space for office or retail use.
    Where is this office building located?
    The property is located at 150 E Bay Heights Road Englewood, FL.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Freestanding commercial building with general zoning and corner lot location, one block off SR776 in Central Englewood; Recently updated interior layout with two large rooms for multiple work spaces plus break room, full bath, laundry, and storage; Central Air cooling and heating (3)
    More about this property
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