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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
Age: Over 50 Years Old
Amenities: Dock
Architecture Style: Other
Cooling System: Window Unit(s) A/C
Exterior Type: Frame
Exterior Type: Block
Floor Covering: Tile
Legal Description: TOWN OF ARCADIA O S BEG SE COR LOT 4 TH W 117 FT TH N 140 FT TH E 57 FT TH S 42 FT TH E 60 FT TH S 98 FT TO POB BLK 28 SEC 36/37/24 INST:201314001738 & TOWN OF ARCADIA O S BEG SW COR LOT 4 TH S // WITH POLK AV 133 1/2 FT TO OAK ST TH E ALG OAK ST 25 FT TH N // TO POLK AV 133 1/2 FT TO N LI LOT 4 TH W 25 FT TO POB IN SEC 36-37-24 INST:201514001771 INST:201914004437
INST:202014005462