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920 Mills Ave Arcadia, FL 34266

For Sale
$1,299,990

High-income producing property, excellent location.

Property size:
7,266 SF

Description

Added:
Feb 3, 2025
Days on Market:
315
This exceptional 7,266 sq ft commercial building in Arcadia, FL, sits on a 0.95-acre lot and is priced at $1,299,900. Currently generating over $11,500 monthly in rental income, this property presents a significant investment opportunity. The building boasts a newly installed roof and A/C system, ensuring low maintenance costs. Its prime location across from DeSoto Hospital and the police station offers high visibility and accessibility. The property features a fully operational TV studio, ideal for streaming or broadcasting, along with ample parking. High-speed fiber internet, exceeding 200 MB upload speeds (owner-installed), enhances its appeal. Additional amenities include a full security system, executive shower, kitchen, and a well-maintained picnic area. The building is suitable for various uses, including medical offices, daycare centers, professional offices, or even a corporate headquarters. Its proximity to Highway 17 and 70, along with a nearby college, provides easy access to transportation and a skilled workforce. Seller financing is available, making this a compelling investment opportunity.

Property Features for 920 Mills Ave

General Information

Property type
Other commercial real estate
Square Feet
7,266 SF
Lot Size
41,382 SF

Building Details

Year Built
1993

Property Profile Location Intelligence

Current Use by Public Records

Charles L. Perkins, ... Oncologist Daniel E. Dosoretz, ... Oncologist Diecast TV Auction House Alex LeClair Realtor ... Real Estate Agent Florida State Auctions Auction House

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Arcadia
County
DeSoto
State
Florida
Longitude
-81.85257
Latitude
27.2263

FAQs

What type of property is this?
Commercial real estate - High-income producing property, excellent location.
Where is this commercial real estate located?
The property is located at 920 Mills Ave Arcadia, FL.
What is the asking price?
The asking price for this property is $1,299,990.
More about this property
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