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OFF-MARKET
Mixed-use properties

2124 American Legion Dr Arcadia, FL 34266

4,720 SF 0.71 ac lot Built 1974
Property ID
Property summary
AI-generated overview

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

Property profile
Verified
Property type Mixed-use properties
Year built 1974
Total area 4,720 SF
Lot 0.71 ac (30,928 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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