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114 Central Ave 1,674 SF Retail Building Lake Wales, FL 33853 $600,000 ($358.42/SF)
Investment Highlights
- Heavy Traffic
- Close to Highway 27
- Close to Downtown Lake Wales
Executive Summary
EXCEPTIONAL OPPORTUNITY AWAITS to own this fully furnished and equipped restaurant located on a major thoroughfare into downtown Lake Wales, Florida. Business and building are included in the list price. The inviting dining area is spacious and furnished with attractive booth seating. All equipment conveys with the sale of the building consisting of commercial walk-in coolers, gas range, exhaust fan, fryers, stainless workstations, sinks, shelving and more! A privacy fenced back patio houses a storage building and provides a relaxing area for employees when on break. This known property has had a strong community presence with its beloved demographics for over 70 years. Don’t overlook this tremendous opportunity to tap into the growing demand for eateries in this high traffic area of the downtown district. Let’s Cook Up a Deal...Call today!
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,674 SF
Building Class
C
Year Built
1953
Price
$600,000
Price Per SF
$358.42
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
C-2
Parking
16 Spaces (9.56 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-30-01-883000-030140 | Improvements Assessment | $96,319 |
| Land Assessment | $97,191 | Total Assessment | $193,510 |
Property Taxes
Parcel Number
27-30-01-883000-030140
Land Assessment
$97,191
Improvements Assessment
$96,319
Total Assessment
$193,510
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114 Central Ave
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