Address
18 E Magnolia STREET, ARCADIA, FL
Price
$ 199,000
Property Attributes
- MLS#A4580602
- TypeBusiness Op
- CountyDESOTO
- CityARCADIA
- AreaArcadia
- NeighborhoodArcadia
- Zip34266
- StyleBusiness
- Price$ 199,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1452
Data Source:
Stellar MLS
Property Description
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!
| Price History | |
|---|---|
| 8/24/2023 | Listed $350,000 |
| 9/6/2023 | 42% - $205,000 |
| 1/11/2024 | 3% - $199,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Utilities | BB/HS Internet Capable,Phone Available,Water Connected |
| 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 |
| 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% |
| MLS Area | 34266 - Arcadia |
| Waterfront Y/N | No |
| Street Name | Magnolia |
| Listing Terms | Cash,Conventional |
| Public Remarks | 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 locatio |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/A4580602 |
| Days on Market | 149 |
| 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 |
Interior Features
| Flooring | Vinyl |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| LivingAreaSource | Owner |
| Living Area Units | Square Feet |
Exterior Features
| 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 |
| Road Surface Type | Paved,Asphalt |
| Road Frontage Type | Street Lights,Street Paved,Business District,City Street,Highway,Main Throrughfare,State Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Business Op Average in 34266
Price
Visits
Walkscore
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 18, 2024 6:53 AM UTC
