Retail•Strip Center•For Sale

Investment Arcadia Magnolia St Retail

47 West Magnolia Street, Arcadia, Florida 34266

Sale Price $325,000 ($20.00 /SqFt)
Sale Type Investment
Zoning City
Tenant Yes
Bldg Type Multi-Tenant
Class C
Status Existing
Year Built 1916
Stories 1
Cap Rate 11.80%
Annual Taxes $8,835.00
Gross Bldg 15,758 SqFt
Land Area .81 Acres
Parcel# 25-37-24-0012-0460-0110
5 fully leased retail units include addresses, 33,41,43,45,47 W. Magnolia Total square footage 15,758 SF Bonus 2,340 SF warehouse building Warehouse building Includes 7 leasable storage units Drive thru alley in rear connecting Polk St. to W. Magnolia St. Street parking available Free 30 Space Public Parking Lot across street Located in Historic Downtown Arcadia on eastbound Highway 70, one block west of Highway 17. Walking distance to restaurants, pharmacy, banks, groceries, and more.
  • 5 Fully Leased Retail Units
  • Total Square footage 15,758 SF
  • 2,340 SF Whse Bldg
  • NOI $38,365
  • AADT 9,800 Magnolia St.
  • AADT 7,000 Desoto Ave.
8/31/2018 12:00:00 AM 3/1/2019 7:26:50 PM
Charles Thomas
Broker and Principle
Maxim Commercial Real Estate

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