Under contract-accepting backup offers. Investor Alert: Commercial Duplex in the Path of Englewood’s Waterfront Growth
Opportunity meets location at 2004 Wisconsin Ave in Englewood, where income potential and future redevelopment converge. Positioned on a corner lot where Wisconsin Ave ends at Lemon Bay and just off **Placida Rd—one of the area’s primary north/south corridors—**this commercially zoned (CG) duplex sits directly in the path of continued waterfront expansion.
Adding to the strategic value, a neighboring marina has already begun acquiring surrounding properties and expanding its footprint, placing this site in a prime position for future commercial demand tied to Englewood’s growing boating and waterfront economy.
The property features a 1,536 sq ft duplex with two 2-bedroom, 1-bath units, each with separate utilities. The building is fully vacant, giving investors immediate control to renovate, reposition, and lease for income—or reimagine the site entirely.
Recent improvements include a new roof (2022), providing confidence for investors planning to hold and improve while exploring long-term redevelopment opportunities. With approximately four parking spaces possible and Commercial General zoning, the property allows for a wide range of uses including office, retail, marine-related services, short-term rental concepts, or a complete redevelopment aligned with the area's evolving commercial landscape.
Whether your strategy is to renovate and rent for cash flow, hold for appreciation as the marina expansion continues, or redevelop the site into a commercial venture, this property offers the flexibility savvy investors look for in a coastal growth market.
Vacant, strategically located, and positioned for upside—opportunities like this near the water and major thoroughfares are increasingly rare.