ENGLEWOOD, FL 34223 119 S INDIANA AVENUE
$1,500,000
Presented By: LASBURY-TRACY REALTY INC. with 941-474-5585. - 941-474-5585
SQFT • 5,640
Home Details
FULLY LEASED FIVE UNIT STRIP PLAZA. This 6000 SF plaza has a new roof, parking lot and a new sign on busy SR776. Located 200 feet from the intersection of Historic Dearborn Street and Indiana Ave this property has great traffic counts and exposure and is sure to appreciate for years to come thanks to its fantastic location. Three units are leased month to month and the double unit on the end has just signed a new six year lease. This one acre parcel has room to expand for additional income opportunities and has all the utilities available and desirable X flood zone for cost effective expansion. If you are looking for a new home for your current business or just shopping for a safe haven with income, this property presents a unique opportunity. Seller financing is being offered to well qualified buyers.
Presented By: LASBURY-TRACY REALTY INC. with 941-474-5585. - 941-474-5585
Interior Features for 119 S INDIANA AVENUE
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
General for 119 S INDIANA AVENUE
Additional Parcels Y/NNo
Building Area Unitssquare feet
Cityenglewood
Construction Materialsblock
Coolingcentral air
Countysarasota
Directionsfrom i75 take exit 191 (river road) west 10 miles to the intersection of dearborn street and indiana ave, turn left on indiana 200 feet to plaza on left.
Facing Directionwest
Flood Zone Codex500
Flood Zone Code X500Y
HOANo
Legal Descriptioncom nw cor sec 31 th s-0-42-11-w 938 ft th s-89-11-49-e 50 ft for pob th s-89-11-49-e 290 ft th n 121.4 ft m/l th w 290 ft m/l th s 120.1 ft m/l to pob being part of blk 6 prospect park
Listing Termscash, conventional, owner may carry
Living Area Unitssquare feet
Lot Size Square Feet35044
Lot Size Unitssquare feet
MLS Area34223 - englewood
ModificationTimestamp2025-04-25t15:48:13.730z
New ConstructionNo
Number Of Units Total5
Ownershipother
Possessionnegotiable
Property Subtypemulti family
Property Typecommercial sale
Roofmembrane
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Nameprospect park
Tax Annual Amount10930
Tax Lot6
Tax Year2024
Utilitieselectricity available, water connected
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1958
Zoningcg
Exterior for 119 S INDIANA AVENUE
Building Area Total6286
Foundation Detailsslab
Lot Dimensions120 x 280
Lot Size Acres0.8
Lot Size Area35044
Number of Buildings1
Road Frontage Typestate road
Road Responsibilitypublic maintained road
Road Surface Typeasphalt
Water Sourcepublic
Additional Details
Price History
Andre LaFountain
Realtor / Coach