18 E Magnolia STREET ARCADIA, FL $ 199,000
18 E Magnolia STREET
$ 199,000
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18 E Magnolia STREET

ARCADIA, FL, 34266
$ 199,000
Baths0.0 Sq 1,452

Monthly Estimate*

$ 1,323

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Studio Commercial Property for sale in ARCADIA, FL for $199,000. This building is 1,452 square feet.

Excellent opportunity to purchase the largest Used Automotive Dealership in DeSoto County! This is a turn key business opportunity, everything is inplace and operating efficiently. The current location has 623' of frontage on 2 major highways! There is 344' of state highway frontage on SR 70 East (Magnolia St) and 279' of state highway frontage on SR 17 South (Desoto Ave). This sale involves the BUSINESS ONLY. Purchase includes the building, inventory, business name and customers. Business owner currently has a 5 year lease, property owner is willing to transfer remainder of lease to new owner. The building is 22' x 66' there is a small foyer, large waiting room, 5 offices, 1 bathroom, kitchen area and a large storeroom. The leased property is .55 acres or 24,045 sq. ft. The property is fenced with a gate at each entrance/exit. One entrance is located on the west side, off of Hwy 17 and the other entrance is on the north side of the property, off of Hwy 70. Don't wait on this opportunity to purchase an existing turnkey business!

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Commercial Active

Price

$ 199,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Business

Town/City

ARCADIA

County/Region

DESOTO

MLS | Web ID

A4580602

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities BB/HS Internet Capable Phone Available Water Connected
Possession Close of Escrow
Roof Metal
Zoning B-3
Security Features Security Gate
Pets Allowed Yes - See Condo Docs
Property SubType Business
Tax Year 2022
Percent Ownership Sole Proprietor
Business Type Auto Dealer
Community Features Curbs Sidewalks
Accessibility Accessible Entrance
Business Name Valerie's Auto Sales
County DeSoto
New Construction No
Property Type Business Opportunity
Subdivision Name ARCADIA
Building Features Bathrooms Ramp Waiting Room
Status Active
Directions From Hwy 70 E. turn right onto Hwy 17 S. business is on the left. From Hwy 17 S. business is on the left just south of Hwy 70 E. No sign on the property.
City ARCADIA
Buyer Agent Compensation 2%
View Y/N No
MLS Area 34266 - Arcadia
Waterfront Y/N No
Street Name Magnolia
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4580602
Days on Market 149
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Legal Description TOWN OF ARCADIA O S LOTS 11 & 12 & N 20 FT OF LOT 13 BLK 47 IN SEC 36/37/24 OR 99/385 OR 43/248 DB 266/255 OR 99/385 OR 480/933 INST:201914000677
Water Access Y/N No
Water View Y/N No
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Interior
Flooring Vinyl
Air Conditioning Y/N Yes
Heating Y/N Yes
Total Baths 0
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Exterior
Lot Features Central Business District Corner Lot Curb and Gutters Historic District City Lot Sidewalk Street Lights
Water Source Public
Foundation Details Stilt/On Piling
Building Area Total 1452
Street Suffix STREET
Road Surface Type Paved Asphalt
Road Frontage Type Street Lights Street Paved Business District City Street Highway Main Throrughfare State Road
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Preferred Real Estate Arcadia Llc

Broker

mike@preferredarcadia.com

Email

Affordability Calculator

$1,323
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,323
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/11/2024$199,000 -2.93% Price Down
9/6/2023$205,000 -41.43% Price Down
8/24/2023$350,000 Listed Price

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18 E Magnolia STREET, ARCADIA, FL, 34266 is a Commercial Property for sale at $199,000 with 1,452 sqft. 18 E Magnolia STREET is a studio with 0.0 baths. The property's zip code is 34266 which is in ARCADIA, FL