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1409 E Oak St 2,233 SF Retail Building Arcadia, FL 34266 $1,766,691 CAD ($791.17 CAD/SF)
Investment Highlights
- PUD zoning allows for multiple commercial uses, including retail and office.
- Features a functional drive-thru and existing banking infrastructure.
- On-site parking with seven spaces and access via a signalized intersection.
- Located on a major thoroughfare with 150 feet of frontage along E Oak Street.
- Situated within a designated Opportunity Zone, offering potential tax benefits.
- Positioned in a busy commercial corridor with strong traffic counts.
Executive Summary
This property offers a unique investment opportunity in the heart of Arcadia, Florida. The site features a former bank building with a functional drive-thru, situated on a 0.66-acre parcel with PUD zoning that allows for multiple uses. The building spans 2,233 square feet and is positioned along E Oak Street, a high-traffic corridor that ensures strong visibility and accessibility.
The property benefits from its location in a designated Opportunity Zone, providing potential tax advantages for qualifying investors. With a single-story layout, existing banking infrastructure, and ample on-site parking, the asset is well-suited for retail, office, or financial service conversions. The surrounding area is a busy commercial district with strong vehicular traffic and proximity to major retailers, making it an attractive option for businesses seeking a central location.
The property benefits from its location in a designated Opportunity Zone, providing potential tax advantages for qualifying investors. With a single-story layout, existing banking infrastructure, and ample on-site parking, the asset is well-suited for retail, office, or financial service conversions. The surrounding area is a busy commercial district with strong vehicular traffic and proximity to major retailers, making it an attractive option for businesses seeking a central location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,233 SF
Building Class
B
Year Built
1975
Price
$1,766,691 CAD
Price Per SF
$791.17 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.66 AC
Opportunity Zone
Yes
Zoning
PUD - planned unit development
Parking
7 Spaces (3.13 Spaces per 1,000 SF Leased)
Frontage
150’ on E Oak St
Amenities
- Banking
- Signage
- Signalized Intersection
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 31-37-25-0016-1030-0200 | Improvements Assessment | $204,440 CAD |
| Land Assessment | $393,413 CAD | Total Assessment | $597,853 CAD |
Property Taxes
Parcel Number
31-37-25-0016-1030-0200
Land Assessment
$393,413 CAD
Improvements Assessment
$204,440 CAD
Total Assessment
$597,853 CAD
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1409 E Oak St
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