Link Copied
Listed price in listed location currency (USD).
$1,065,000
$1,200,000

000

MLS® P4924387

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size 8070 sqft
Garage 
Taxes $7,017
Lot Size 
Approx. Age 1924
Avg. Price Per Sqft $148
MLS® Number P4924387

Property Address: 230 E Park Ave, LAKE WALES, FL, 33853-3797

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

Description

This is your chance to own a piece of Lake Wales history, the Rhodesbilt Arcade Building. Rhodesbilt Arcade was built by Jesse T. “Good” Rhodes between 1924 and 1926. It is said that Mr. Rhodes was nicknamed “Good” because of the craftsmanship demonstrated in his work. As with many arcades erected during the time period, Rhodesbilt was influenced by Mediterranean architecture as seen in the decorative tile, curved parapet, and arched entrances. Today this landmark is a mix of retail and office space offering nine downstairs and 11 upstairs units. While some of the downstairs units offer private bathrooms, the upstairs provides a common room accessible only to tenants via a digital combination lock. This area offers a small break room-type space, as well as a bit of storage area, and restrooms. There is a total of 8, 070 leasable square feet, both upstairs and downstairs. While efforts have been made to maintain the historic aspects of the building, it has seen recent upgrades including new electric, plumbing, high speed internet, HVAC, and the entire building is protected by a sprinkler system. As a member of the National Register of Historic Places this building has been very well preserved and maintained. The Rhodesbilt Arcade is the focal point of blossoming Downtown Lake Wales!
MLS® NumberP4924387
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1924
Basement
DrivewayCommon, Curb Parking
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Jun 1, 2023End Date
$1,065,000Sold Price

Sold

May 6, 2026List Date
$1,200,000List Price
-End Date
Not Sold YetSold Price

For Rent

Nov 11, 2025List Date
$6,000List Price
  • Commute

Commute

Starting Address
Destination Address
230 E Park Ave, Lake Wales, FL

Similar Listings

Comparable Properties