9 W Magnolia St
Arcadia, FL 34266
Est. P&I payment: $4583.19/mo
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.
My Notes for MLS #217061754
- 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
- 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
- Sale Includes: Building And Land
- Taxes: 5,559
- Tax Year: 2016
- 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
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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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Last Updated 01/17/2018 at 6:08pm