106 & 114 W OAK ST new Save Request In-Person Tour Request Virtual Tour
Arcadia,FL 34266
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