315 Oak St Arcadia, FL 34266

Property Details for 315 Oak St

Lot size

0.16 lot acres

Property type

Commercial real estate

Description

This exceptional .16-acre commercial and residential property, located at 315 W Oak St in Arcadia, Florida (34266), presents a unique investment opportunity. Zoned R-3, the land offers significant potential for a variety of uses, including the establishment of a café or restaurant, as envisioned by the previous owner. The property's location within Arcadia's historic district ensures high visibility and accessibility for customers, benefiting from the area's thriving antique shopping scene. The existing improvements include a fully equipped commercial kitchen with new, top-of-the-line appliances, furniture, décor, and supplies – ready for immediate operation. Adding to its versatility, a two-bedroom, one-bathroom apartment is situated on the property, providing potential rental income or housing for an owner or employee. The asking price is $489,000. Significant prior investment exceeding one million dollars has already been made in the property's development. This property represents a rare chance to acquire a turnkey business opportunity in a desirable location with strong potential for growth and profitability within DeSoto County's expanding culinary landscape. The property is ready for a new owner to bring their vision to life.