9 W Magnolia St
Arcadia, FL 34266
MLS #217061754

Commercial
  • 0.51acres
$1,200,000
Est. P&I payment: $4583.19/mo
9 W Magnolia St, Arcadia, FL 34266
  • 9 W Magnolia St, Arcadia, FL 34266 Photo 1
  • 9 W Magnolia St, Arcadia, FL 34266 Photo 2
  • 9 W Magnolia St, Arcadia, FL 34266 Photo 3
  • 9 W Magnolia St, Arcadia, FL 34266 Photo 4
  • 9 W Magnolia St, Arcadia, FL 34266 Photo 5
  • 9 W Magnolia St, Arcadia, FL 34266 Photo 6
  • 9 W Magnolia St, Arcadia, FL 34266 Photo 7
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Description for 9 W Magnolia St, Arcadia, FL 34266
The current tenants in place consist of the Antique Shop and Restaurant are currently paying $4,200 a month plus tax on a triple net lease. The remainder of the building features endless possibilities as the 2nd and 3rd floors used to contain 50 hotel/motel units. This area is currently unfinished and in need of remodel, but the space could be converted into efficiency apartments or condos, office condos, convert into a brewery, or maybe reconstruct space back into a hotel/motel. Lots of options to make this space a money producer.
MLS #217061754
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My Notes for MLS #217061754

General Features

  • Commercial Property Type: Lodging and Hospitality: Economy/Limited Service,​Multi-Family: 5+ Units,​Office: Condominium,​Office: Medical Offices,​Office: Office Building,​Retail-Commercial: Condominium,​Retail-Commercial: Free Standing Building,​Retail-Commercial: Other,​Retail-Commercial: Restaurant,​Retail-Commercial: Street Retail
  • Commercial Type: Commercial Only
  • Year Built: 1930

Exterior Features

  • Acres: 0.51
  • Canal Width: None
  • Depth: 150
  • Lot Frontage: 150
  • Source of Measure Lot Size: Property Appraiser Office
  • Subject Property SqFt: 6,011
  • Waterfront Description: None

Interior Features

  • Total Floors: 3

Financial Features

  • Sale Includes: Building And Land
  • Taxes: 5,559
  • Tax Year: 2016

Miscellaneous Features

  • Cumulative Days on Market: 56
  • Confidentiality Agreement Req: 1
  • Legal Description: TOWN OF ARCADIA O S LOTS 1 & 2 & N1/2 LOT 3 LESS STRIP OFF W TO LEFEBVRE & ALSO
  • Tenancy: Multiple

Location

 
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The listing information for 9 W Magnolia St, Arcadia, FL 34266 was graciously provided by our friends at the listing brokerage, Waters Edge Real Estate LLC

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P&I Payment $4583.19
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Last Updated 01/17/2018 at 6:08pm
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