About 18 East Magnolia Street
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!
Features of 18 East Magnolia Street
| MLS® # | A4580602 |
|---|---|
| Price | $199,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,452 |
| Acres | 0.00 |
| Type | Business Opportunity |
| Sub-Type | Business |
| Status | Active |
| HOA Fees | $0 |
| CDD | N |
Community Information
| Address | 18 East Magnolia Street |
|---|---|
| Area | Arcadia |
| Subdivision | ARCADIA |
| City | ARCADIA |
| County | DeSoto |
| State | FL |
| Zip Code | 34266 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Lot Description | Central Business District, Corner Lot, Curb and Gutters, Historic District, City Limits, Sidewalk, Street Lights, Paved |
|---|---|
| Roof | Metal |
| Foundation | Stilt/On Piling |
Additional Information
| Date Listed | August 23rd, 2023 |
|---|---|
| Days on Market | 253 |
| Zoning | B-3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | PREFERRED REAL ESTATE ARCADIA LLC |
|---|