916 S RIVER RD Englewood, FL 34223

$200K PRICE IMPROVEMENT! Unlimited potential at this prime location featuring both storage and strip retail/office space over three freestanding buildings on 1.6 acres. Zoned ILW with no master association and correlating fees. Positioned on South River Road which serves as a major thoroughfare connecting Englewood to the urban centers of Venice and North Port. Ten miles to the Northeast is I-75, 5 miles to US 41 and just over a mile to SR 776. The area is experiencing tremendous growth in population with booming housing starts. .4 mile to the east is Beachwalk Preserve, a 93-acre PUD that is permitted to accommodate 325 residential unit types including SFR detached homes, lot line homes, patio homes and villas. 5 miles from the 10,000 acres of West Villages which is 4th fastest growing community in the US. 1100 homes were built in 2018 alone! The 4-unit strip is facing River Rd with solid exposure and high traffic counts. Each unit is 1400 sq ft with it’s own electric meter, HVAC, sprinkler system and ADA compliant restroom. The middle units have been combined with an added overhead door to accommodate current tenant. Can be converted back easily. Totaling 10,932 sq ft, the rear two buildings house 54 units of storage on a separate electric meter. There are 22-5x8 units, 8-9x20 units and 24-12x23 units. Built in 2006 with block construction and metal roofing, these buildings will withstand. Please inquire about financial data.