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101 W Oak Street

Arcadia, FL 34266

– beds
– baths
31,080 sqft
~3/4 acre lot
$22 per sqft
1926 build
– on site

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Income multi-family Commercial building for Sale Arcadia's most famous and historic building, the Pink Koch Building, has terrific income! The center piece of the thriving tourist antique district of Arcadia. Includes 30-plus rental units including up to 25 one bedroom, one bath residential apartments, two restaurants, two large retail (antique) store fronts, and a Saloon. The building is tenant occupied. P&L provided to pre-qualified buyers upon signing a confidentiality agreement. In 1922, Simon Rosin purchased the property for the Arcade. He secured a ten-year contract with the United States Post Office for the south half of building. In 1926, Rosin hired Contractor Ralph Cannon to build the Arcade at a cost of $112,354.00—according to a newspaper article published on May 28, 1926. In 1976, the Koch family closed most of the building as deteriorated and unusable. However, the structure was purchased by the current owner in November 1989, and they restored the building with apartments upstairs and commercial spaces downstairs. This truly a unique opportunity to own a piece of history which has a great income stream.

Listing courtesy of STELLAR_MLS / United Country Gulfland R.E.

Last checked: Checking… • Last updated May 11, 2023 •

MLS# C7239274 —

The Building

Year Built:

1926
New Construction:

false
Construction Materials:

Block
Architectural Style:

Custom
# of Buildings:

1
Levels:

Two
Roof:

Built-Up
Security Features:

Security System Owned

Room Dimensions

Living Area:

31080
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

In the middle of Downtown Arcadia's Historic District.
Latitude:

27.215622
Longitude:

-81.861977
Coordinates:

-81.861977, 27.215622

The Property

Parcel Number:

25-37-24-0012-0420-0010
Property Type:

Residential Income
Property Subtype:

Multi-Family
Lot Features:

Corner Lot
Lot Size Acres:

0.71
Lot Size SqFt:

31058
Lot Size Dimensions:

150x225
Lot Size Units:

Square Feet
Zoning:

B-2
Exterior Features:

Sidewalk
Water Source:

Public
Total Acres:

1/2 to less than 1
Road Surface Type:

Paved
Flood Zone Code:

X
Flood Zone Panel:

12027C0178C
Homestead:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2017
Tax Lot:

1
Tax Block:

42
Tax Annual Amount:

13971
Tax Legal Description:

TOWN OF ARCADIA O S LOTS 1 2 3 4 & 5 BLK 42 IN SEC 36/37/24

The Listing

Home Warranty:

false
Special Listing Conditions:

None
Buyer's Brokerage Compensation:

3%

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected

Schools

Elementary School:

Memorial Elementary School
Middle Or Junior School:

DeSoto Middle School
High School:

DeSoto County High School

The Community

Subdivision Name:

ORIGINAL SURV/ARCADIA
Senior Community:

false
Community Features:

Sidewalk
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Pets Allowed:

No
Association:

false
Association Fee Requirement:

None
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false
Open Parking:

false
Parking Features:

None

Extra Units

# of Units Total:

30

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Sale history

Date	Event	Source	Price	% Change
9/14/18 Sep 14, 2018	Sold	STELLAR_MLS	$700,000

Multifamily Sold on 9/14/2018

$700,000

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Listing Courtesy of: STELLAR_MLS and United Country Gulfland R.E..

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

101 W Oak Street

Arcadia, FL 34266