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30 Mango St 2,700 SF 75% Leased Office Building Englewood, FL 34223 $499,900 ($185.15/SF) 4.79% Cap Rate



INVESTMENT HIGHLIGHTS
- Build out to fit your business vision—retail, office, or live-work possibilities.
- Walkable downtown setting surrounded by established local businesses.
- Zoned CG within the Englewood CRA, offering rare flexibility and incentive potential. Approved in the past for a 2nd-story residential addition!
EXECUTIVE SUMMARY
Fantastic opportunity in the heart of Englewood’s Historic Dearborn District! This 2,700 sq ft freestanding concrete-block commercial building is zoned Commercial General with the special Historic Dearborn Street/Main Street overlay district, which significantly expands allowed uses and value. The overlay encourages pedestrian-friendly, mixed-use development and permits live/work or residential units above commercial space, with potential for up to three stories (35 ft maximum height). The site was previously approved to add a second story, offering excellent expansion potential. Current layout includes three roughly 900 sq ft units: one is fully built out with modern finishes and storefront appeal, while the other two are open block and concrete, ideal for warehouse, storage, or easy conversion to retail, office, studio, or retail! The overlay zoning also supports expanded ground-floor commercial space, with potential to add another unit or increase floor area for office or retail. Features include three separate electric meters for flexible multi-tenant setups. Dedicated side parking lot for 4–6+ vehicles with potential for more, plus additional public parking in front. The property backs onto county green space with an amphitheater, public restrooms, and lawns that regularly host concerts, festivals, farmers markets, and events, driving high foot traffic. The rear wall showcases Englewood’s iconic “Greetings from Englewood” mural, offering landmark visibility. Prime walkable location steps to Mango Bistro, restaurants, coffee shops, boutiques, and all the vibrant energy of Dearborn Street. Ideal for investors, developers, or business owners looking to capitalize on one of Englewood’s most sought-after and flexible commercial corridors.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$57,600
|
$21.33
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$57,600
|
$21.33
|
| Taxes |
$5,310
|
$1.97
|
| Operating Expenses |
$600
|
$0.22
|
| Total Expenses |
$5,910
|
$2.19
|
| Net Operating Income |
$51,690
|
$19.14
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $57,600 |
| Annual Per SF | $21.33 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $57,600 |
| Annual Per SF | $21.33 |
| Taxes | |
|---|---|
| Annual | $5,310 |
| Annual Per SF | $1.97 |
| Operating Expenses | |
|---|---|
| Annual | $600 |
| Annual Per SF | $0.22 |
| Total Expenses | |
|---|---|
| Annual | $5,910 |
| Annual Per SF | $2.19 |
| Net Operating Income | |
|---|---|
| Annual | $51,690 |
| Annual Per SF | $19.14 |
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Building Size
2,700 SF
Building Class
C
Year Built/Renovated
1982/2015
Price
$499,900
Price Per SF
$185.15
Cap Rate
4.79%
NOI
$23,952
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,700 SF
Building FAR
0.39
Lot Size
0.16 AC
Zoning
CG - Within Englewood’s Community Redevelopment Area—unique overlap of CG zoning and revitalization incentives.
Parking
8 Spaces (2.96 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
PROPERTY TAXES
| Parcel Number | 0503-02-0049 | Total Assessment | $338,316 (2024) |
| Land Assessment | $0 (2024) | Annual Taxes | $5,310 ($1.97/SF) |
| Improvements Assessment | $0 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
0503-02-0049
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$338,316 (2024)
Annual Taxes
$5,310 ($1.97/SF)
Tax Year
2025
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30 Mango St
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