2124 American Legion Dr Arcadia, FL 34266
This exceptional 4,720 sq ft mixed-use property, situated on a 0.71-acre lot in Arcadia, FL, presents a unique investment opportunity. Originally home to American Legion Post K-11, the building (constructed circa 1974 after a fire) has undergone renovations, including recent updates following Hurricane Ian. Minor finishing touches will be completed before closing. Boasting approximately 561 feet of waterfront access and 437 feet of street frontage, this property includes a fully stocked bar, kitchen, and ample seating. Currently operating as a popular public venue for weddings, reunions, and other events (Wednesday-Friday), it features a Tiki Hut and separate restrooms. The existing bar and kitchen equipment, along with tables and chairs, will remain. A private office and storage/AC equipment room are also included. The property's versatility allows for various uses, subject to City of Arcadia approvals. A new boat ramp and public park are conveniently located across the street. The American Legion Post K-11 plans to relocate, retaining their liquor and food service licenses
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.