Commercial Sale Property - Retail in Arcadia
Listing Price: $1,500,000
Description of Property
HISTORIC BUILDING IN ARCADIA W/NEW ROOF (2023) FOR SALE! Located at the corner of Oak St & Polk Ave, the Heard Opera House building is a hallmark of Historic Downtown Arcadia. 106 W Oak features 19,604 square foot & is home to FIVE ground-floor store fronts, an assembly hall w/stage, dressing rooms & balcony plus TEN office/flex spaces on the 2nd floor. Property has 32 NEW IMPACT-RESISTANT WINDOWS ON 2ND FLOOR! Other updates include NEW A/C in Opera House (stage area) & NEW A/C for corner retail unit on Polk (104 W Oak). On-street & back of building parking available. At time of listing, the property is fully leased. Tenants cover their own utility bills. Heard Opera House is located in the heart of the historic antique district of Arcadia. Surrounded by coffee shops, antique stores, restaurants, and other retail/office spaces, this property is a hallmark of downtown Arcadia with daily traffic counts of around 9,000. Buy a piece of history today. Arcadia is less than 30 miles to Punta Gorda, approximately 50 miles to downtown Sarasota or Ft Myers or approximately 100 miles to Disney World/Orlando area. Property has been featured in local news segments highlighting the rich history of the Opera House dating back to 1906.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Retail
City: Arcadia
County: DeSoto
Subdivision: Arcadia
Sq. Ft. Gross: 19,604
Sq. Ft. Living Area: 19,604
Cost per (heated) sqare foot: $77
Year built: 1906
Annual Tax: $6,124
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Window Features: Impact Glass/Storm Windows
Flooring: Tile
Waterfront Info
Exterior & Construction
Construction: Wood Frame
Foundation: Slab
Roof: Other
Floors Total: 2
Floors in Unit:
Cooling: Wall/Window Unit(s)
Heating & Fuel: Electric
Electric: 110 Volts
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Community Features: Sidewalks
Lot Information
Lot Features: Street Lights
Lot Size (acres): 0.3
Lot Size (sq. ft.): 13,068 square feet
Road Frontage: City Street
Front Exposure: Southwest
Adjoining Property: Commercial
Legal Description & Other Information
Financing Available: Owner May Carry
Parcel Number: 253724001202800047
Zoning: B-2
Tax Legal Desc.: TOWN OF ARCADIA O S BEG SE COR LOT 4 TH W 117 FT TH N 140 FT TH E 57 FT TH S 42 FT TH E 60 FT TH S 98 FT TO POB BLK 28 SEC 36/37/24 INST:201314001738
Section: 25
Range: 24
Listing courtesy of RE/MAX HARBOR REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
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