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1604 Olive St 8,716 SF Industrial Building Lakeland, FL 33815 $1,490,000 ($170.95/SF) 7.60% Cap Rate

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INVESTMENT HIGHLIGHTS

8,716 SF of versatile space suitable for multiple commercial or industrial applications.
Convenient loading dock for easy shipping and receiving.
Energy-efficient LED lighting for a bright and cost-effective workspace.

25-foot ceiling height, providing flexibility for storage, manufacturing, or warehouse operations
Ample on-site parking for employees, customers, or fleet vehicles.
Fenced Outdoor Storage: Secure outdoor storage space for equipment, vehicles, or materials

EXECUTIVE SUMMARY

Discover the perfect space for your business at 1604 Olive Street, Lakeland, FL 33815. This 8,716-square-foot commercial/ industrial property sits on a 0.6-acre lot, offering an ideal location for a variety of business uses. This property is ideal for industrial, warehouse, distribution, automotive, or general commercial uses. Whether you’re expanding your business or looking for a strategic location in Lakeland, this property is a must-see!

1604 Olive St Lakeland

Commercial Package 1604 Olive St

PROPERTY FACTS

Price	$1,490,000	Rentable Building Area	8,716 SF
Price Per SF	$170.95	No. Stories	1
Sale Type	Investment or Owner User	Year Built	1942
Cap Rate	7.60%	Parking Ratio	4.02/1,000 SF
Property Type	Industrial	Clear Ceiling Height	20’
Property Subtype	Warehouse Industrial Distribution Industrial Manufacturing Showroom	No. Drive In / Grade-Level Doors	1
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.59 AC
Zoning	industrial-1 - Zoned I-2 for practically any business use possible.

Price	$1,490,000
Price Per SF	$170.95
Sale Type	Investment or Owner User
Cap Rate	7.60%
Property Type	Industrial
Property Subtype	Warehouse Industrial Distribution Industrial Manufacturing Showroom
Building Class	C
Lot Size	0.59 AC
Rentable Building Area	8,716 SF
No. Stories	1
Year Built	1942
Parking Ratio	4.02/1,000 SF
Clear Ceiling Height	20’
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	industrial-1 - Zoned I-2 for practically any business use possible.