USAFLLake WalesHeckscher Second Add1 W Central Avenue
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$475,000

For Sale

15 hours ago

1 W Central Avenue, Lake Wales, FL

House

MLS® K4903636

0 Bed

0 Bath

4135 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 4135 sqft
Garage 
Taxes $8,102
Days Active 0
Lot Size 0.22 Acres
Approx. Age 1935
Avg. Price Per Sqft $114
MLS® Number K4903636

Property Address: 1 W Central Avenue, LAKE WALES, FL, 33853

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberK4903636
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1935
Basement
DrivewayOther
Garage Spaces
HeatCentral
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 15, 2026List Date
$475,000List Price
  • Commute

Commute

Starting Address
Destination Address
1 W Central Avenue, Lake Wales, FL

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