501 INDIANA AVENUE

Property Details

Description

EXCEPTIONAL INCOME-PRODUCING COMMERCIAL OPPORTUNITY IN ENGLEWOOD Positioned on a prominent corner lot with outstanding visibility, this well-maintained commercial property offers a rare investment opportunity in a high-growth corridor of Englewood. With over 4,800 total square feet, the property consists of three office units zoned OPI (Office, Professional, Institutional), making it ideal for a variety of professional and business uses. The oversized parcel provides ample parking with 31 spaces, including two ADA-compliant spots, ensuring convenience for tenants and clients alike. **Suite A: (approx. 1,700 SF) is currently leased to a long-term tenant, providing immediate, stable income. This suite features a spacious reception area with front desk, four private offices (including a conference room), an equipment room, break room, and two restrooms. **Suite B: (approx. 600 SF) offers a flexible layout, including a 11’ x 28’ front office, 8’ x 12’ back room, 8’ x 10’ office/mailroom, and a 9’ x 12’ kitchen area. **Suite C: (approx. 1,900 SF) is a larger suite featuring a welcoming reception area with a sliding window to the administrative office, conference room, storage and copier rooms, an open workspace with three cubicles, two additional private offices, and two restrooms. Units B and C were most recently leased together, offering versatility for single or multiple tenants. Located along a high-traffic corridor with excellent accessibility from both north and southbound routes, the property benefits from strong surrounding residential density and nearby commercial activity—supporting long-term tenant demand and investment growth. Don't miss this opportunity! Schedule your private showing today!

Facts & Costs

Property type

Business

Building size

4,200 sq ft

Zoning

OPI

Road frontage

County Road

Year built

1986

Lot size

0.67 acres

Stories

1

Price per sq ft

$201

Days on market

156

Waterfront

No

Subdivision

BAY VIEW MANOR

County

Sarasota

Flood zone

X

Monthly & yearly costs

Property taxes

$10,816 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Utilities

Electricity Available, Phone Available, Public, Water Connected

Sewer

Public Sewer

Water

Public

Lot features

Corner Lot, Oversized Lot, Paved

Cooling

Central Air

Flooring

Carpet, Laminate, Luxury Vinyl, Tile

Roof

Shingle

Construction

Concrete, Vinyl Siding

Parking

Common

Payment Estimate

$5,831 / month

Principal & interest

$4,930

Property taxes

$901

HOA

$0

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location