167 Dearborn St Englewood, FL 34223-3260
This exceptional 7,560-square-foot storefront property, located at 167 W Dearborn St in Englewood, Florida (34223), presents a compelling investment opportunity. Built in 1958, this single-story building sits on a substantial 39,804-square-foot lot and is zoned CG. The asking price is $1,900,000, translating to $251.32 per square foot. Its prime corner location in downtown Englewood, at the intersection of W. Dearborn St and S. McCall Road, ensures high visibility and accessibility. The property benefits from significant foot traffic, amplified by its proximity to numerous community events including art shows, car shows, concerts, a seafood festival, and a beer fest. Ample parking is available for customer and tenant convenience. Further enhancing its appeal, the property is situated near a new waterfront marina development featuring a restaurant and upscale apartments, and a thriving Thursday farmers market (October-April). The area is experiencing significant growth, with a new public golf course under development on W. Dearborn Street. This property offers a unique blend of established success and exciting future potential within a vibrant and growing community. The building consists of one structure with a net rentable area of 7,560 square feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MSOD; CG · Englewood, FLCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.