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Restaurant with Outdoor Patio
For Lease
$767,400

470 W Dearborn St, Englewood, FL 34223

Fully equipped commercial kitchen, dedicated bar, and patio support a complete food-and-beverage layout.

Space SizeContact for details
Property Size1,438 SF
Days on Market49

Property Features for 470 W Dearborn St

General Information

Standard status Active
Size 1,438 SF
Property subtype Retail

Additional Details

Space Use Restaurant
Seating Capacity 90

Building Details

Building Size 1,438 SF
Year Built 1947
Listing Agency: American Property Group of Sarasota Inc
Listed By: Geoffrey Paul · License #FL #SL3629613
Source: Americanpropertygroup
Added: Sep 5 Changed: Oct 12 Last Checked: Oct 20 at 6:02PM

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 American Property Group of Sarasota Inc

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Investment Insights

Based on property information with market context.

This restaurant property includes approximately 2,550 SF of combined indoor and outdoor space, with seating for approximately 90 guests and potential capacity of approximately 120. The layout features a fully equipped commercial kitchen, dedicated bar, furniture, fixtures, equipment, and an expansive outdoor patio. An existing liquor license is also associated with the property.

Located at 470 W. Dearborn St in Englewood, the property sits within the Dearborn Street district. Constructed in 1947, the premises offer a restaurant-focused configuration with both indoor dining and outdoor service areas. The included kitchen and bar infrastructure provide a built-out setting for continued food-and-beverage use.

Key Highlights

  • Approximately ±2,550 SF of combined indoor and outdoor space
  • Approximately 90 seats with potential to expand to ±120
  • Fully equipped commercial kitchen and dedicated bar

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Law Firm Furniture & Home Goods Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

701
Businesses Nearby
Under-served
Demand for This Use

Demographics for 34223, FL

19,118
Population
14,484
Households
1.3
Avg Household Size
66
Median Age
39%
College-Educated
96%
High-School Grad
41.9 sq mi
ZIP Area
456
Density / Sq Mi
$70,155
Median Household Income
$39,486
Median Earnings
$1,288
Median Rent
$358,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully equipped commercial kitchen, dedicated bar, and patio support a complete food-and-beverage layout.
Where is this conventional restaurant located?
The property is located at 470 W Dearborn St Englewood, FL.
What is the lease rate?
The lease rate is $767,400.
What are key features of this property?
This property features: Approximately ±2,550 SF of combined indoor and outdoor space; Approximately 90 seats with potential to expand to ±120; Fully equipped commercial kitchen and dedicated bar
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