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Property Description

HISTORIC BUILDING IN ARCADIA W/NEW ROOF (2023) FOR SALE! Located at the corner of Oak St & Polk Ave, the Heard Opera House building is a hallmark of Historic Downtown Arcadia. 106 W Oak features 19,604 square foot & is home to FIVE ground-floor store fronts, an assembly hall w/stage, dressing rooms & balcony plus TEN office/flex spaces on the 2nd floor. Property has 32 NEW IMPACT-RESISTANT WINDOWS ON 2ND FLOOR! Other updates include NEW A/C in Opera House (stage area) & NEW A/C for corner retail unit on Polk (104 W Oak). On-street & back of building parking available. At time of listing, the property is fully leased. Tenants cover their own utility bills. Listing also contains 114 W Oak St which was damaged during Hurricane Ian & being sold AS IS. Facade to remain intact per historic building preservation codes. 114 W Oak was previously used as retail storefront w/2nd floor apartment/living space. 114 W Oak potentially adds an additional 5,249 square feet to property. Heard Opera House is located in the heart of the historic antique district of Arcadia. Surrounded by coffee shops, antique stores, restaurants, and other retail/office spaces, this property is a hallmark of downtown Arcadia with daily traffic counts of around 9,000. Buy a piece of history today. Arcadia is less than 30 miles to Punta Gorda, approximately 50 miles to downtown Sarasota or Ft Myers or approximately 100 miles to Disney World/Orlando area. Property has been featured in local news segments highlighting the rich history of the Opera House dating back to 1906.

Features
: Electric
: Central Air, Wall/Window Unit(s)
: Tile, Other
: Impact Glass/Storm Windows, Blinds
: Electricity Available, Phone Available, BB/HS Internet Capable
Address Map
US
FL
De Soto
Arcadia
34266
OAK
106 & 114
STREET
W82° 8' 18''
N27° 12' 58.3''
Southwest
34266 - Arcadia
W
B-2
From US17/Brevard Ave, go west on E Oak St. Continue on Oak until the corner of Polk Ave & Oak St. Property is on right.
Additional Information
2
2024-11-19
: Sidewalk, Paved, Corner Lot, City Limits, Street Lights, Historic District
: Slab
Service - 110 Volts
: Block, Wood Frame
: Sidewalks
24853
Financial
6065.27
Listing Information
Alex Andreae
274509999
274500147
RE/MAX HARBOR REALTY
274501563
274500147
Owner Financing
Active
2024-11-20T17:20:16Z
Stellar
: None
2024-11-19T17:11:28Z
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106 & 114 STREET Arcadia

106 & 114 W Oak St, Arcadia, Florida 34266

19,604
$1,700,000
Listing ID #C7500613
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : C7500613
Price : $1,700,000
Square Footage : 19,604
Year Built : 1906
Lot Area : 0.30 Acre
Status : Active
Office Name : RE/MAX HARBOR REALTY
Agent Name : Luke Andreae
Property Sub Type : Retail
Roof : Other, Metal
Listing Status : Active
Contact Agent
Property
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Phone: (407) 904-2702
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