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348 W Dearborn St 0.96 Acres of Commercial Land Offered at $1,950,000 in Englewood, FL 34223
Investment Highlights
- Centrally positioned on Dearborn Street in the heart of Old Englewood Village, offering unmatched visibility and charm.
- Specialty zoning encourages mixed-use development and a traditional downtown setting.
- Defined access from Orange Street enhances site functionality and traffic flow.
- Ideal for boutique hotel, microbrewery, rooftop restaurant, garden deli, retail shops with residential units above, and more.
- Approximately 150 feet of frontage along Dearborn Street with existing parking in place.
- Mixed-use allowance supports diverse concepts such as hospitality, retail, and residential.
Executive Summary
Englewood’s downtown corridor is a thriving hub for shopping, dining, art fairs, and cultural festivals, drawing both locals and seasonal visitors. The site participates in the area’s renowned Farmers Market and sits steps from Pioneer Plaza and the community bandshell, ensuring year-round exposure to community events. City-provided utilities, broadband connectivity, and flexible zoning further enhance development potential. Located within an X flood zone and near Southwest Florida’s coastal amenities, this property delivers unmatched positioning for businesses seeking visibility, accessibility, and enduring value.
Property Facts
| Price | $1,950,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.96 AC |
| Property Type | Land | ||
| Zoning | CG - Commercial Lot | ||
| Price | $1,950,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.96 AC |
| Zoning | CG - Commercial Lot |
1 Lot Available
Lot
| Price | $1,950,000 | Lot Size | 0.96 AC |
| Price Per AC | $2,031,250.00 |
| Price | $1,950,000 |
| Price Per AC | $2,031,250.00 |
| Lot Size | 0.96 AC |
Unique location with bold exposure – centrally located on Dearborn Street in the heart of Old Englewood Village. Nearly a full acre of land zoned Commercial General with mixed-use designation, positioned within the Main Street Overlay District.
Description
348 W Dearborn Street consists of two parcels totaling approximately 0.97 acres with frontage along Dearborn Street and secondary access via Orange Street. It is zoned Commercial General with overlay provisions promoting mixed-use design. The site lies in Old Englewood Village within Sarasota County, Florida. Utilities, including public water, sewer, and electric, are available. Broadband capability is noted. The property is within a central business district near Pioneer Plaza and municipal event spaces and is used for community gatherings and markets.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $368,368 |
Property Taxes
Presented by
348 W Dearborn St
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