Rental Income Property - 4 commercial units 6 apartments in Arcadia, FL - $379,000
A4173283
Income producing commercial building in historic downtown Arcadia. Situated on State Road Highway 17 South with a traffic count average of nearly 8000 cars per day passing directly in front of it's location. Highways 70 East and West are located just North and South of the building for added exposure. The lower floor of the building consist of 4 separate commercial rental spaces, 3 of which currently have long term tenants. The upper floor has exterior access from 2 sides and consist of 6 residential apartments. All rental units have individual electric meters. Known as the "J.L. Jones" building, this brick early 1900's structure still has a lot of it's original character as well as nice upgrades to some of the spaces. Don't miss out on owning a piece of true Florida history!