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1855 Gulf Blvd 12,762 SF Retail Building Englewood, FL 34223 $8,950,000 ($701.30/SF)
Investment Highlights
- Located on Lemon Bay
- Frontage on Gulf Blvd
- 45 parking spaces
- Seawall on Lemon Bay
- 15 boat slips
Executive Summary
We are pleased to present this 300-seat waterfront restaurant property with boat docks (the White Elephant Pub) on Lemon Bay in Englewood, Southwest Florida. Under the same ownership for more than 20 years, this location represents a prime – and very rare – opportunity for a waterfront restaurant concept to capitalize on the prime location and local clientele, including boaters. Facilities include open-air, covered and indoor dining spaces. The gulfside beaches of Manasota Key are just a short walk away across Gulf Blvd.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
12,762 SF
Building Class
C
Year Built
1946
Price
$8,950,000
Price Per SF
$701.30
Tenancy
Single
Building Height
3 Stories
Slab To Slab
8’
Building FAR
0.40
Lot Size
0.74 AC
Zoning
CT
Parking
36 Spaces (2.82 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Waterfront
Property Taxes
| Parcel Number | 411912403004 | Improvements Assessment | $1,198,607 |
| Land Assessment | $704,272 | Total Assessment | $1,902,879 |
Property Taxes
Parcel Number
411912403004
Land Assessment
$704,272
Improvements Assessment
$1,198,607
Total Assessment
$1,902,879
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1855 Gulf Blvd
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