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247 E Stuart Ave 2,194 - 4,388 SF of Retail Space Available in Lake Wales, FL 33853
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 2,194 SF | - | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $26,328 /YR $2,194 /MO | Triple Net (NNN) | |
| 2nd Floor | 2,194 SF | 18’ | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $26,328 /YR $2,194 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 4,388 SF of adjacent space
- Anchor Space
- Central Air Conditioning
- Private Restrooms
- Corner Space
- High Ceilings
- Exposed Ceiling
- After Hours HVAC Available
- Hardwood Floors
2nd Floor
2 story retail space available. Roughly 2,200 first floor with similar on 2nd floor. Elevator access to 2nd floor. Will Subdivide with the right opportunity. Will build to suit with the right opportunity
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 4,388 SF of adjacent space
- Central Air Conditioning
- Partitioned Offices
- Private Restrooms
- Corner Space
- High Ceilings
- Exposed Ceiling
- After Hours HVAC Available
- Finished Ceilings: 18’
- Common Parts WC Facilities
- Hardwood Floors
- Smoke Detector
- Historic Property in downtwon Lake Wales
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 4,388 SF | Gross Leasable Area | 4,388 SF |
| Property Type | Retail | Year Built | 1920 |
| Property Subtype | Storefront | Parking Ratio | 0.68/1,000 SF |
| Total Space Available | 4,388 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,388 SF |
| Year Built | 1920 |
| Parking Ratio | 0.68/1,000 SF |
ABOUT THE PROPERTY
247 E Park Ave – Downtown Lake Wales Commercial Space Discover endless possibilities in this versatile two-story commercial property located in the heart of historic Downtown Lake Wales. This property offers excellent visibility and flexible configurations suitable for office, retail, or mixed-use concepts. Lower Level: The ground floor provides an ideal layout for a professional office, boutique retail store, or service-based business. With a spacious open layout and two stairways leading to the upper level, this space allows for seamless customer flow and adaptable interior design. Upper Level: The upper floor, accessible via elevator and both staircases, features an open-concept area with a small kitchen/break area and two private offices overlooking Stuart Avenue. Perfect for a business headquarters, co-working setup, or creative studio space. Location & Surroundings: Situated along E Park Avenue, this property benefits from the ongoing Downtown Lake Wales revitalization project, which has introduced new streetscapes, lighting, and pedestrian-friendly enhancements. The area is experiencing a resurgence with new residential developments, upscale apartment projects, and a growing mix of restaurants, shops, and professional offices—making this a prime opportunity to establish your business in the city’s most dynamic district. Highlights: Two-story commercial building with elevator Lower-level retail or office potential Upper-level open space with kitchen and offices Prominent downtown location Surrounded by city improvements and modern streetscapes Be part of the exciting renewal of Downtown Lake Wales—where historic charm meets modern growth
- 24 Hour Access
- Air Conditioning
NEARBY MAJOR RETAILERS
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247 E Stuart Ave
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