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9 W Magnolia ST
ARCADIA, FL 34266

$1,200,000

Sq. Ft.: N/A
Type: Commercial
Listing #217061754
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.
Property Features
Location Information
County: Desoto
MLS Area: OA01 - Out of Area
Additional Information
Property Type: COM
Property SubType: Commercial
Property SubType 2: Lodging and Hospitality: Economy/Limited Service, M
Year Built: 1930
Status: Active
Tax Year: 2016
Tax Amount: 5, 559


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
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Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative:
Waters Edge Real Estate LLC
The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of the Bonita Springs-Estero Association of REALTORS®, Florida Gulf Coast Multiple Listing Service, Inc., and the M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Sun Country Realty of Florida, Inc. are marked with the BR Icon and detailed information about them includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties available through the BR Program.
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2017 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
SWFLMLS data last updated at December 10, 2017 8:42 PM ET