Property summary
This exceptional 12,000-square-foot commercial property in Arcadia, Florida, presents a unique investment opportunity. Priced at $2,500,000 ($208.33/sq ft), this fee-simple ownership includes a new construction event center slated for completion in early 2026. The versatile space offers 9,000 square feet adaptable for various events and gatherings, complemented by an additional 3,000 square feet ideal for a restaurant. The 2.26-acre lot boasts 70 parking spaces and is zoned for commercial use. Strategically located at the crossroads of US 17 and State Route 70, this property benefits from a strong customer base: over 22,000 residents within a 5-mile radius, with an average annual household income exceeding $52,000. Arcadia's charming community, known for its historic downtown and vibrant events (Arcadia All-Florida Championship Rodeo, Arcadia Bike Fest, Pioneer Days), provides a rich context for this venue. The property also includes a retention pond. This prime location, near Orlando, Fort Myers, Sarasota, and Lake Okeechobee, positions this event center and restaurant for significant success, attracting both locals and tourists. This is a chance to establish a cornerstone of the Arcadia community.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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Zoning
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