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18 E MAGNOLIA ST, ARCADIA, FL, 34266

$ 350,000.00
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8 months, 2 weeks

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18 E MAGNOLIA ST, ARCADIA, FL, 34266

bed -- Beds
bed -- Bath
bed -- Beds
bed -- Bath

$ 350,000.00

Calc
$444/mo
Est. Payment

Property description

PublicRemarks:-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!
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.

Property details

Cooling

Central Air

Living Area

1452 Square Feet

Total Area

1452 Square Feet

Original List Price

$350,000.00

Private Pool

No

Fire place

No

Roof

Metal YearBuilt

Days On Market

141

Flooring

Vinyl

Heating

Central

Lot Features

Central Business District, Corner Lot, Curb and Gutters, Historic District, City Limits, Sidewalk, Street Lights, Paved

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Property Price

Date Event Price Price/Sq Ft Source
09/07/2024 Active $350000 241.05 MLS Grid

Property Tax

Year Taxes Land Additions Total Assessment
2019 $3,128 $40,900 + $80,900 = $121,800
2018 $3,128 $40,900 + $80,900 = $121,800
2017 $3,128 - + N/A = $121,800
2016 $3,128 $86,000 + $80,900 = $121,800
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