206 N 1st STREET Lake Wales, FL ^$ 295,900

206 N 1st STREET

^$ 295,900

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206 N 1st STREET

Lake Wales, FL, 33853

^$ 295,900

Studio Baths0.0 Sq 2,016

Monthly Estimate*

^$ 1,772

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206 N 1st STREET, Lake Wales, FL 33853 - Image 8

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Studio

Commercial Property for sale in Lake Wales, FL

for $295,900. This 2,016 square foot building was built in 1950 on a lot size of 0.23.

Commercial Opportunity walking distance from downtown. The existing building needs renovation. Lake Wales Main Street project is well underway as the photos show. With its prime location, this property is only two blocks from Park Avenue and the center of all the growth. This property has been approved by the City of Lake Wales for a Car Lot and other options should be forthcoming. If you're interested in getting in on the ground level, this investment could be for you! Call for additional information! Lake Wales is growing! Be a part of all that is to come!

Commercial Active

Price

^$ 295,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,109

Style

Business

Lot Size

0.23

Year Built

1950

Town/City

Lake Wales

County/Region

Polk

MLS | Web ID

K4902532

Features

General

Cooling none

Possession close of escrow

Zoning c-1

Construction Materials block

Year Built 1950

Property SubType business

Tax Year 2023

Percent Ownership sole proprietor

County polk

New Construction no

Property Type commercial sale

Home Owner Assoc Y

Subdivision Name lake wales

Status active

Directions go north on 1st street from central to crystal. property is located at the corner of crystal and 1st street ne corner.

City lake wales

Disclosures none

View Y/N no

MLS Area 33853 - lake wales south

Lot Size Units square feet

Lot Size Square Feet 9827

Waterfront Y/N no

Tax Annual Amount 1109

Additional Parcels Y/N no

Virtual Tour https://www.propertypanorama.com/instaview/stellar/k4902532

Days on Market 96

Building Area Units square feet

Living Area Units square feet

Standard Status active

Tax Lot 7

Legal Description lake wales pb 1 pg 88a 88b s1&2 t30 r27 blk 22 lot 7

Water Access Y/N no

Water View Y/N no

Flood Zone Code x

Exterior

Lot Size Area 9827

Foundation Details slab

Number of Buildings 1

Building Area Total 2016

Lot Size Acres 0.23

Road Surface Type brick paved

Road Frontage Type city street

Interior

Air Conditioning Y/N no

Total Baths 0

* Excluded Features

List By

Legacy Real Estate Center Inc

Broker

vickyholloway@msn.com

Affordability Calculator

$1,865

Per Month

Monthly Principal & Interest: $1,772
Monthly Property Taxes: $92
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Lake Wales, FL

Average List Price ^$828,224

Percent of Sale Price 180%

About Lake Wales, FL

15,820 Population

28% Since 2002

^$38,450 Median Income

39.85 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

266288 Elementary School

265661 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/23/2024	$295,900	-15.46%	Price Down
5/18/2024	$350,000		Listed Price

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206 N 1st STREET, Lake Wales, FL, 33853 is a Commercial Property for sale at $295,900 with 2,016 sqft and a lot size of 0.23. 206 N 1st STREET is a studio with 0.0 baths and was built in 1950. The property's zip code is 33853 which is in Lake Wales, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information courtesy of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

Data is updated as of 9/26/2024.

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206 N 1st STREET

Commercial Property for sale in Lake Wales, FL

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