$795,000 101 W Oak Street Arcadia, FL

MLS: C7239274   Type: Income   County: Desoto   City: Arcadia   Neighborhood: Original Surv-arcadia   Zip: 34266   Style: Custom,Historical,Victorian     Stories: 2   Taxes: $13,971

Mortgage $3,732 /mo



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Income multi-family Commercial building for Sale Arcadia's most famous and historic building, the Pink Koch Building, has terrific income! The center piece of the thriving tourist antique district of Arcadia. Includes 30-plus rental units including up to 25 one bedroom, one bath residential apartments, two restaurants, two large retail (antique) store fronts, and a Saloon. The building is tenant occupied. P&L provided to pre-qualified buyers upon signing a confidentiality agreement. In 1922, Simon Rosin purchased the property for the Arcade. He secured a ten-year contract with the United States Post Office for the south half of building. In 1926, Rosin hired Contractor Ralph Cannon to build the Arcade at a cost of $112,354.00—according to a newspaper article published on May 28, 1926. In 1976, the Koch family closed most of the building as deteriorated and unusable. However, the structure was purchased by the current owner in November 1989, and they restored the building with apartments upstairs and commercial spaces downstairs. This truly a unique opportunity to own a piece of history which has a great income stream.

Elementary School

Middle School

High School

Distance: 0.56 Miles
Distance: 0.85 Miles
Desoto County
Distance: 1.5 Miles

Price History

5/8/2017 Listed $1,250,000
2/9/2018 22% - $975,000
6/6/2018 19% - $795,000

Community Features Sidewalk
Garage Y/N 0
Homestead No
Lease Term 24 Months
Levels Two
MLS Area 34266 - Arcadia
Property SubType Multi-Family
Property Type Residential Income
Security Features Security System Owned
Senior Community Y/N 0
Total Num Buildings 1
Total Units 30
Township 37
Zoning B-2

Interior Features

Cooling Central Air, Zoned
Heating Central, Zoned
Pets Allowed Y/N No
Unit Count 2
Utilities Electricity Connected, Fire Hydrant, Sewer Connected, Sprinkler Meter, Street Lights

Exterior Features

Architectural Style Custom, Historical, Victorian
Carport Y/N 0
Construction Materials Block
Exterior Features Sidewalk
Lot Dimensions 150x225
Lot Features Corner Lot, Historic District, In City Limits, Sidewalk, Street Paved
Lot Size Acres 0.71
Lot Size Square Feet 31058
Parking Features None, On Street
Private Pool Y/N 0
Roof Built-Up, Membrane
Water Access Y/N No
Water Extras Yn No
Water View Yn No
Waterfront Feet Total 0
Waterfront Y/N 0

Property Schools

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Gallery (19 photos)

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Property vs Zip Code Avg (34266)

Price 795K Avg 293K

Sqr Feet 31,080 Avg 7,811

Cost / Sqr Ft $26 Avg $38

Taxes $13,971 Avg $4,927

Acres 0.71 Avg 0.51

Visits 197 Avg 143

Days on Site 410 Avg 298

Walkscore® 67 Avg 52

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Listing Provided Courtesy Of: United Country Gulfland R.E.

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Location & Address

La Rosa Realty, Tampa
4511 North Himes Ave Suite 200
Tampa, FL

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