201 W DEARBORN ST Englewood, FL 34223
HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Englewood
MLS Listing ID D6148857
HOA Y/N No
Annual Tax Amount $11,457
Lot Size 2.240 Acres
Acres 2.24
Lot Dimensions 248x280x248x280 & 100x280x100x
Property Sub-Type Commercial
Source Stellar MLS
Property Description
Historic Dearborn Street is widely recognized as the vibrant heart of Englewood's downtown business, dining and entertainment district. Lined with locally owned restaurants, cafés, shops, galleries and entertainment venues, the corridor attracts residents and visitors throughout the year. Recurring community events include the seasonal Englewood Farmers Market, monthly Cruisin' on Dearborn car shows, the Englewood Seafood & Music Festival, fine-art and craft festivals, the Halloween Safe Walk and Englewood Pioneer Days activities and parade. These popular events generate substantial pedestrian activity and reinforce Dearborn Street's position as one of Englewood's principal gathering places, providing exceptional visibility and long-term redevelopment potential for this prominent commercial assemblage.
A major advantage is the property's location within the Dearborn Street Main Street Overlay District in unincorporated Sarasota County. The overlay was established to encourage pedestrian-oriented redevelopment and may offer substantial development advantages compared with conventional CG zoning. These may include significantly reduced off-street parking requirements—potentially as little as half the parking otherwise applicable to comparable development—and access to the district's existing stormwater infrastructure. Depending upon the proposed development and county approval, this infrastructure may reduce or eliminate the need for conventional on-site stormwater-retention facilities, allowing more of the property to be devoted to buildings, parking and functional outdoor areas.
More flexible setbacks, site-design standards and building-placement provisions may also allow a substantially larger and more efficient building footprint than would typically be achievable under standard CG zoning alone. With the former structures removed, the assemblage presents a compelling opportunity to design a cohesive commercial or mixed-use project within Englewood's historic business district.
The four parcels are being marketed together. The county-owned S Maple Street right-of-way is not included in the offering. Overlay incentives and development allowances depend upon the proposed use, site plan and governmental review. Buyers and buyers' agents must independently verify zoning, overlay eligibility, permitted uses, parking reductions, stormwater requirements, allowable building coverage, setbacks, future land use, development potential, parcel boundaries, acreage, utilities, access, environmental conditions and all measurements with Sarasota County and other applicable authorities. Final parcel area is subject to legal descriptions and survey.
Location
State FL
County Sarasota
Community Englewood
Area 34223 - Englewood
Zoning CG
Exterior
Community Features Street Lights
Utilities Available Electrical Nearby, Sewer Nearby, Water Nearby
View Y/N No
Water Access No
Building
Lot Size Range 2 to less than 5
Sewer Public Sewer
Water Public
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://dearborn-commercial-mls-tour.right-gem-3979.chatgpt.site/Dearborn-Commercial-MLS-Unbranded.mp4
NEARBY SCHOOLS & PROPERTIES
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "