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Retail - ARCADIA for Sale

106 W OAK, ARCADIA, FL 34266

Asking Price$1,500,000 Change Price$100,000

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  • Days on market:

    122 day(s)
  • Original Price:

    $1,700,000
  • Price per sqft:

    $76.51
  • Tax Legal Description:

    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
  • Tax Year:

    2024
  • Property Type:

    Retail
  • Construction Type:

    BlockWood Frame
  • Roof:

    OtherMetal
  • Cooling Description:

    Central AirWall/Window Unit(s)
  • Heating Description:

    Electric
  • Floor Description:

    TileOther
  • Special Listing Conditions:

    None
  • Lot Features:

    Corner Lot Sidewalk Street LightsCity Lot Historic District

Description

$1,500,000 • living size area 19604 sqft

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.
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