132 W Oak Street

Description

INVESTOR MUST SEE! CALL FOR AN APPOINTMENT SOON! Recently painted in period colors, this solid historic block building dating back to the early days of Arcadia is now available for sale. While the official records show the building was constructed in 1925, according to local history aficionados, it was actually built in 1906, a year after a devastating firestorm destroyed most of the wooden downtown buildings in 1905 and new building had to be constructed of block or brick. The building is located in the antiques district of town - right on main street at the corner of Oak and Monroe. Only the first floor space is currently occupied and leased (approx. 4000 sq. ft.) to antique dealers on an annually renewable and transferable lease. Street parking available, additional spaces in back of the property and the adjacent public lot. The property is currently zoned B-2, which allows all kinds of business operations. The upstairs space (another approx. 4000 sq. ft.) is awaiting renovation and adds considerably to the economic potential of this property - it could be transformed into additional commercial --- or spectacular residential space with large rooms, big windows and high ceilings, the hallmarks of these historic buildings. Let your imagination be your guide!