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Englewood Income-Producing Commercial Opportunity

501 S INDIANA AVENUE, Englewood, FL 34223

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For Sale

$975,000

Business - ENGLEWOOD, FL

Type:Business

Property size:

4,851 SF

Lot size:

0.67 Acres

Price / SF:

$200/SF

HighLights

Exceptional income‑producing commercial property with long‑term tenant in place, providing immediate, stable income.
Prime corner lot location with outstanding visibility in a high‑growth corridor.
Zoned OPI, suitable for diverse professional and business uses.
Ample parking with 31 spaces, including two ADA‑compliant spots.
Versatile layout with three office units (totaling over 4,800 sq ft) that can accommodate single or multiple tenants.
Located on a high‑traffic corridor with excellent accessibility and strong surrounding residential and commercial density.

We can help!

Listing Contact

Brian Helgemo

For Sale

$975,000

Business - ENGLEWOOD, FL

Type:Business

Property size:

4,851 SF

Lot size:

0.67 Acres

Price / SF:

$200/SF

Added:: Apr 3, 2026
Days on Market:: 70
Last Refresh:: Jun 11 at 11:06 pm

Property Features for 501 S INDIANA AVENUE

General Information

Property type: Commercial Sale
Property subtype: Business
Zoning: OPI
Exterior features: Corner Lot, Paved
Standard status: Active
APN: 0854040001
Size: 4,851 SF
Lot size: 0.67 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 10815.84

Utilities

Cooling system: Central Air

Building Details

Year built: 1986
Flooring type: Carpet, Laminate, Tile, Vinyl
Building materials: Concrete, Vinyl Siding
Roof type: Shingle
Architectural style: Other

We can help!

Listing Contact

Brian Helgemo

Listing agent Brian Helgemo License #3041311

Listing office COMPASS FLORIDA 320 Cross St, FL, FL

Listing date Apr 3, 2026

MLS# C7524449 Listing URL

HighLights

Exceptional income‑producing commercial property with long‑term tenant in place, providing immediate, stable income.
Prime corner lot location with outstanding visibility in a high‑growth corridor.
Zoned OPI, suitable for diverse professional and business uses.
Ample parking with 31 spaces, including two ADA‑compliant spots.
Versatile layout with three office units (totaling over 4,800 sq ft) that can accommodate single or multiple tenants.
Located on a high‑traffic corridor with excellent accessibility and strong surrounding residential and commercial density.

Overview

This commercial property, situated on a corner lot in a high-growth corridor of Englewood, offers an investment opportunity. The property has over 4,800 square feet and consists of three office units zoned OPI (Office, Professional, Institutional), suitable for various professional and business uses. The property includes 31 parking spaces, with two ADA-compliant spots. Suite A, approximately 1,700 square feet, is currently leased to a long-term tenant and features a reception area with a front desk, four private offices (including a conference room), an equipment room, a break room, and two restrooms. Suite B, approximately 600 square feet, includes an 11’ x 28’ front office, an 8’ x 12’ back room, an 8’ x 10’ office/mailroom, and a 9’ x 12’ kitchen area. Suite C, approximately 1,900 square feet, features a reception area with a sliding window to the administrative office, a conference room, storage and copier rooms, an open workspace with three cubicles, two additional private offices, and two restrooms. Units B and C were most recently leased together. The property is located along a high-traffic corridor with accessibility from both north and southbound routes and benefits from surrounding residential density and nearby commercial activity. The lot size is 0.67 acres.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$104.8k	$21.60
− Vacancy	−$24.7k	−$5.10
EGI	$80.1k	$16.50
− OpEx	−$20.0k	−$4.13
NOI	$60.0k	$12.38

4,851 SF · lease $21.60/SF/yr · vacancy 23.60% · expense 25.00%

Alternative Uses

Best Use

Office B

$857.7K

$750.5K – $1.00M (±1% cap)

NOI $60,040 @ 7.0% cap · market cap 6.16%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.59M

$1.39M – $1.85M (±1% cap)

NOI $111,185 @ 7.0% cap · market cap 11.40%

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

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: Englewood
County: Charlotte
State: Florida
Longitude: -82.352618
Latitude: 26.953653

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View Details

For sale
Office buildings
FL
Englewood
34223
501 S INDIANA AVENUE

What type of property is this?

Office building - Well-maintained commercial property with three office units and ample parking.

Where is this office building located?

The property is located at 501 S INDIANA AVENUE Englewood, FL.

What is the asking price?

The asking price for this property is $975,000.

What are key features of this property?

This property features: Exceptional income‑producing commercial property with long‑term tenant in place, providing immediate, stable income.; Prime corner lot location with outstanding visibility in a high‑growth corridor.; Zoned OPI, suitable for diverse professional and business uses.

501 S INDIANA AVENUE, Englewood, FL 34223

Business - ENGLEWOOD, FL

Property Features for 501 S INDIANA AVENUE

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Industrial Flex Building with Office

ENGLEWOOD Warehouse, Storage, and Office

Englewood Retail Strip Plaza

Marine Engine and Service Business

Renovated Triplex with Fireplace

Turnkey Warehouse/Office Setup

Englewood Commercial Intensive Property

Englewood Hotel/Venue Opportunity Near Beach

Updated Commercial Building Near Beaches

Turnkey Restaurant Opportunity

Turnkey Restaurant Opportunity

Quadruplex Vacation Rentals with Beach Access

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