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128 E Orange Ave 4,000 SF 100% Leased Retail Building Lake Wales, FL 33853 $220,000 ($55/SF)



Executive Summary
Two-suite commercial building located in downtown Lake Wales, featuring private curbside parking and access to an additional city parking lot. Both units are currently owner occupied. The salon has 2 shampoo sinks and the barbershop as a shampoo backwash. The equipment on both units is optional. The property includes zoned central air conditioning and two separate bathrooms. One ac is 10 years old and the other is 1 year old. The roof is 7 years old. Ideal for investors or owner-occupants—use one suite and lease out the other. Do not enter the property without an appointment as not to bother the owners and customers.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Building Size
4,000 SF
Building Class
C
Year Built
1954
Price
$220,000
Price Per SF
$55
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.77
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
C1
Parking
10 Spaces (6.94 Spaces per 1,000 SF Leased)
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-30-01-883000-026070 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $77,916 |
Property Taxes
Parcel Number
27-30-01-883000-026070
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$77,916
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128 E Orange Ave
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