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Restaurant Property with Outdoor Dining
For Sale
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470 W Dearborn St, Englewood, FL 34223

Includes the restaurant business, real estate, beer and wine license, furnishings, equipment, and dedicated bar.

Property Size1,400 SF
Price / SF$548.14
Days on Market9

Property Features for 470 W Dearborn St

General Information

Standard status Active
Size 1,400 SF
Property subtype Business for Sale

Restaurant

Seating Capacity 90
Commercial Hood Yes
Patio Yes
Equipment Included Yes
Liquor License Yes

Additional Details

Furnished Yes
Business Included Yes
Listing Agency: American Property Group of Sarasota Inc
Listed By: Geoffrey Paul · License #SL-3629613
Source: Crexi
Added: Sep 3 Changed: Sep 9 Last Checked: Sep 11 at 6:36AM

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

Investment Insights

Based on property information with market context.

This restaurant property combines an operating business with the underlying real estate and the physical assets needed for continued service. The approximately ±2,550 SF layout includes ±1,400 SF of interior space and a ±1,100 SF outdoor dining area, with seating for approximately 90 guests and room to expand to approximately 120. A dedicated bar complements the dining areas, while the commercial kitchen includes hoods, oven ranges, fryers, walk-in coolers, a dishwasher, food preparation areas, and storage.

The sale includes the existing beer and wine liquor license, furniture, fixtures, and equipment. The property is located at 470 W. Dearborn St in Englewood, within the Dearborn Street dining and entertainment district. Any expansion of seating or change in beverage licensing remains subject to applicable requirements and approvals.

Key Highlights

  • ±2,550 SF total, including ±1,400 SF interior and ±1,100 SF outdoor dining area
  • Seating for approximately 90 guests with potential expansion to approximately 120
  • Sale includes restaurant business, underlying real estate, furniture, fixtures, and equipment

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Parking Lot & Garage Carpet & Flooring Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Furniture & Home Goods

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

Turnkey business
Opportunity
Yes
Commercial hood
Yes
Liquor license

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes the restaurant business, real estate, beer and wine license, furnishings, equipment, and dedicated bar.
Where is this conventional restaurant located?
The property is located at 470 W Dearborn St Englewood, FL.
What is the asking price?
The asking price for this property is $767,400.
What are key features of this property?
This property features: ±2,550 SF total, including ±1,400 SF interior and ±1,100 SF outdoor dining area; Seating for approximately 90 guests with potential expansion to approximately 120; Sale includes restaurant business, underlying real estate, furniture, fixtures, and equipment
(941) 923-0535 Call to check price and availability
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