Polk Homes with Mixed Use Property SubType

Polk Homes with Mixed Use Property SubType

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Newest Polk Homes with Mixed Use Property SubType

$475,000
K4903636 MLS
Position your business in the heart of Historic Downtown Lake Wales while enjoying the benefit of built-in investment income! Located on the prominent corner of Central Avenue and 1st Street, this approximately 4,100-square-foot multi-unit commercial building offers an exceptional opportunity for investors and owner-users alike. The property features three separate suites, with two suites currently under lease generating $2,250 per month in immediate rental income. Each suite has its own electric meter, providing convenience for both owners and tenants. The third suite is vacant and ready for your vision—perfect for an owner-occupied business, professional office, retail space, or an additional income-producing lease. One of this property’s standout features is its location—just one block from the iconic Walesbilt Hotel, where an extensive restoration is slated to begin this year. This highly anticipated redevelopment is expected to further energize Historic Downtown Lake Wales, making this an exciting opportunity to invest in an area positioned for continued growth and revitalization. As an added bonus, the property includes approximately 14 dedicated downtown parking spaces—a rare and highly desirable amenity that adds tremendous value for tenants, customers, and clients. Whether you’re looking to expand your investment portfolio, establish your business in a thriving downtown district, or capitalize on the flexibility of an income-producing property with owner-occupancy potential, this unique offering delivers approximately 4,100 square feet of opportunity in one of Lake Wales’ most desirable commercial locations.

1 W Central Avenue, Lake Wales South

Listing courtesy of LEGACY REAL ESTATE CENTER INC. 863-676-0200

$975,000
TB8525814 MLS
Virtually Staged. SELLER WILLING TO OWNER FINANCE!!! Motivated Seller! Contact today the property will not last long! Are you looking for an amazing investment opportunity off of a busy highway in Frostproof? Come check out this 3.53 acre lot that has 3 BUILDINGS/BUSINESSES! There is a fully operating liquor store that has approximately 9 years left on escalating payment lease. It has many storage rooms and a restroom. There is also an attached building that used to be a fully functional bar/nightclub!!! It is approximately 6,700 square feet of opportunity! There is a dividing wall and it is already setup with 2 restrooms! It is currently leased with 2.5 years left on that lease but once that is complete it could be used as a cigar lounge/nightclub/bar. You will have ample parking out front for all of your customers with the oversized parking lot! There is also an open field of possibilities that is zoned commercial and can be used for more storage units, another business or additional parking. There is a 60 UNIT STORAGE BUILDING in the back of the property that has it's own separate entrance and is completely fenced. It is not air conditioned. It has 60 units 20- 10X10 units and 40- 5X10 units with 45 units currently rented with no advertisement. It has steady producing income and could grow. There is approximately 8,000 to 12,000 Average Daily Traffic Volume on the busy S Scenic Hwy (US 17) which will give you street front exposure and plenty of opportunity for business. All Measurements are approximate. Schedule your showing today!!!

540 S Scenic Highway, Frostproof

Listing courtesy of BLUE ORCHID REALTY INC. 813-516-8221

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