Price Reduced 43.14%
Price History
$350,000
8/23/2023
$205,000
9/6/2023
$199,000
1/11/2024
18 E Magnolia STREET, Arcadia, FL, 34266
1,452 sqft
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!
Status:
Active
Type:
Commercial
Complex:
ARCADIA
Heating:
Central
Cooling:
Central Air
Utilities
BB/HS Internet Capable, Phone Available, Water Connected
Lot Description:
Central Business District, Corner Lot, Curb and Gutters, Historic District, City Lot, Sidewalk, Street Lights
Days on Market:
141
Pet Policy:
Yes - See Condo Docs
MLS #:
A4580602
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of PREFERRED REAL ESTATE ARCADIA LLC Phone: 863-494-2424