Back on the market. Original buyer's financing fell through. This property is a landmark business in Arcadia. The restaurant is a historic and very well known establishment. In addition to the restaurant. there is a home next door. Currently there are 2 tenants in both of the units. When buying this property, you will be an important figure in the history of Arcadia, and very important in continuing this historic business in town. This restaurant has been well known for close to a century. Earn money from the restaurant as well as the 2 unit home next door. Viewng is strictly by appointment only. The business is ongoing. Book your private showing today.
Financial Considerations
Price:
$499,900
HOA Fee:
N/A
Tax Amount:
$4944.47
Price per SqFt:
$123.34
Tax Legal Description:
TOWN OF ARCADIA O S BEG SW COR LOT 11 TH NELY // TO MONROE AV 18 FT TO POB TH ELY // WITH S LI LOT 11 52 FT NELY // WITH MONROE AV 38.36 FT TO N SIDE OF 8 IN CONC BLK WALL BEING S BDRY OF TROPICAL HOLDING CO INC PROP TH WLY // WITH N LI LOT 11 ALG SD S BDRY 52 FT TO E LI MONROE AV TH SELY // WITH MONROE AV 38.36 FT TO POB BEING PART OF LOT 11 & PART OF LOTS 4 & 5 OF STEWARTS RESUB OF LOTS 9 & 10 BLK 42 & ALSO ALL LOTS 12 & 13 BLK 42 IN SEC 36/37/24 TOGETHER WITH THE FOLLOWING: COMM AT SW COR OF LOT 11 BLK 24 TH N & // WITH MONROE AVE 18 FT TH E & // WITH S BNDY OF LOT 11 52 FT TH N & // WITH MONROE AVE 7.80 FT FOR POB TH CONT SAME LI 30.56 FT TO N END OF WOOD FRAME ADD TH E 2.00 FT ALG N SIDE OF BLDG TH S 3.00 FT ALG E SIDE OF BLDG THE E