Homes for sale - 106 & 114 W OAK ST, Arcadia, FL 34266

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Derek Ratliff

derek.ratliff@riserealtyadvisors.com +1(386) 438-9355

$ 1,700,000

Est. payment | -/mo

19,604 SqFt

Save

$ 1,700,000

Est. payment | -/mo

Save

19,604 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 19,604 sqft

Price per Sqft $86

Subdivision Arcadia

MLS Listing ID C7500613

HOA Y/N No

Originating Board Stellar MLS

Year Built 1906

Annual Tax Amount $6,065

Lot Size 0.300 Acres

Acres 0.3

Property Description

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. Listing also contains 114 W Oak St which was damaged during Hurricane Ian & being sold AS IS. Facade to remain intact per historic building preservation codes. 114 W Oak was previously used as retail storefront w/2nd floor apartment/living space. 114 W Oak potentially adds an additional 5,249 square feet to property. 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.

Location

State FL

County Desoto

Community Arcadia

Zoning B-2

Interior

Heating Electric

Cooling Central Air, Wall/Window Unit(s)

Flooring Other, Tile

Exterior

Community Features Sidewalks

Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available

Roof Type Metal,Other

Building

Lot Description Corner Lot, Historic District, City Limits, Sidewalk, Street Lights, Paved

Story 2

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Structure Type Block,Wood Frame

New Construction false

Others

Ownership Corporation

Acceptable Financing Owner Financing

Listing Terms Owner Financing

Special Listing Condition None

Listed by RE/MAX HARBOR REALTY

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(386) 438-9355

derek.ratliff@riserealtyadvisors.com

10752 Deerwood Park Blvd South Waterview II, Suite 100 , JACKSONVILLE, Florida, 32256, USA

106 & 114 W OAK ST Arcadia, FL 34266