114 W CENTRAL AVENUE Lake Wales, FL $ 600,000
114 W CENTRAL AVENUE
$ 600,000
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114 W CENTRAL AVENUE

Lake Wales, FL, 33853
$ 600,000
Bedrooms-- Baths-- Sq 1,674

Monthly Estimate*

$ 3,743

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Commercial Property for sale in Lake Wales, FL

for $600,000. This 1,674 square foot building was built in 1953 on a lot size of 0.23.

EXCEPTIONAL OPPORTUNITY AWAITS to own this fully furnished and equipped restaurant located on a major thoroughfare into downtown Lake Wales, Florida. Business and building are included in the list price. The inviting dining area is spacious and furnished with attractive booth seating. All equipment conveys with the sale of the building consisting of commercial walk-in coolers, gas range, exhaust fan, fryers, stainless work stations, sinks, shelving and more! A privacy fenced back patio houses a storage building and provides a relaxing area for employees when on break. This known property has had a strong community presence with its beloved demographics for over 70 years. Don’t overlook this tremendous opportunity to tap into the growing demand for eateries in this high traffic area of the downtown district. Let’s Cook Up a Deal...Call today!

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Commercial Active

Price

$ 600,000

Property Type

Commercial

Taxes

$ 2,843

Style

Restaurant

Lot Size

0.23

Year Built

1953

Town/City

Lake Wales

County/Region

Polk

MLS | Web ID

P4936164

Features
General
Sewer Public Sewer
Heating Central Natural Gas
Cooling Central Air
Utilities BB/HS Internet Capable Electricity Available Natural Gas Available Public Water Connected
Roof Membrane Other
Appliances Refrigerator
Zoning C-2
Construction Materials Block Vinyl Siding Wood Frame
Year Built 1953
Property Subtype Restaurant
Tax Year 2024
Ownership Sole Proprietor
County Polk
New Construction false
Property Type Commercial Sale
Subdivision Name CARY WALTERS SUB
Building Features Bathrooms Common Lighting Kitchen Facility Seating
Status Active
Directions From US Hwy. 27 turn EAST on W Central Ave. that leads into downtown Lake Wales. The property is on the LEFT corner of Phillips St. and Central Ave. W.
City LAKE WALES
MLS Area 33853 - Lake Wales South
Lot Size Units Square Feet
Lot Size Square Feet 9862
Listing Terms Cash Conventional
Tax Annual Amount 2843.18
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/P4936164
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 7
Legal Description CARY WALTERS SUB PB 7 PG 5 BLK 8 LOTS 7 THRU 10
Water Access Y/N false
Water View Y/N false
Flood Zone Code x
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Interior
Flooring Ceramic Tile Concrete
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Display Window(s)
Total Baths 0
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Exterior
Parking Features 13 to 18 Spaces
Lot Features Central Business District City Lot Near Public Transit Sidewalk Street Lights
Water Source Public
Lot Size Area 9862
Foundation Details Slab
Number of Buildings 2
Building Area Total 1674
Lot Dimensions 100 x 98
Lot Size Acres 0.23
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type Street Lights Business District City Street Main Throrughfare
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Coldwell Banker Realty

Broker

erin.floyd@floridamoves.com

Email

Affordability Calculator

$3,980
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,743
Monthly Property Taxes
$237
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$600,000 Listed Price

Map


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114 W CENTRAL AVENUE, Lake Wales, FL, 33853 is a Commercial Property for sale at $600,000 with 1,674 sqft and a lot size of 0.23. 114 W CENTRAL AVENUE was built in 1953. The property's zip code is 33853 which is in Lake Wales, FL