318 S 1ST STREET Lake Wales, FL $ 299,900
318 S 1ST STREET
$ 299,900
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318 S 1ST STREET

Lake Wales, FL, 33853
$ 299,900
Bedrooms-- Baths-- Sq 1,336

Monthly Estimate*

$ 1,871

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Commercial Property for sale in Lake Wales, FL

for $299,900. This 1,336 square foot building was built in 1938 on a lot size of 0.14.

GREAT LOCATION! NEW ROOF 2025! SELLER FINANCING 20% DOWN! Exceptional Commercial Property, OFFICE WITH PRIVATE PARKING in the Heart of Downtown Lake Wales! This beautifully maintained 1,336 Sq Ft office building offers the perfect blend of charm, functionality, and unbeatable location. Nestled near shops, restaurants, and major highways, this versatile property is ideal for a boutique, childcare center, wellness spa, medical services, or professional office. With a welcoming reception area, spacious kitchen, bathroom with shower, high-speed fiber optic internet, and ADA-compliant features including a handicap ramp and railings, it’s designed for success. The property includes private parking for up to 5 vehicles, excellent street visibility, and convenient access with a turn lane. Set on a 6,251 Sq Ft lot, this move-in-ready gem is your chance to secure a prime location for your business or investment portfolio in a thriving downtown area. Seller financing and private financing available. Seller financing available with 20% down payment, 10% interest, 10 year term, no prepayment penalty. Don’t wait—schedule your private tour today and bring your vision to life! Seller financing available.

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Commercial Active

Price

$ 299,900

Property Type

Commercial

Taxes

$ 2,617

Style

Office

Lot Size

0.14

Year Built

1938

Town/City

Lake Wales

County/Region

Polk

MLS | Web ID

P4936526

Features
General
Sewer Public Sewer Other
Heating Central Electric Other
Cooling Central Air Other
Utilities BB/HS Internet Capable Electricity Available Other Public Sewer Nearby Underground Utilities Water Connected
Possession Close Of Escrow
Roof Other Shingle
Zoning C-2
Security Features Smoke Detector(s)
Construction Materials Concrete Stucco Vinyl Siding Wood Frame
Year Built 1938
Property Subtype Office
Tax Year 2024
Ownership Sole Proprietor
Accessibility Accessible Entrance Accessible Stairway
County Polk
New Construction false
Property Type Commercial Sale
Subdivision Name TWIN LAKE PARK SUB
Facing Direction East
Building Features Bathrooms Fiber Optic Kitchen Facility On Site Shower Ramp Reception Seating Waiting Room
Status Active
Directions From Highway 27 head east on W Polk Ave (Route 60). Turn left onto S 1st Ave and the property will be on your left.
City LAKE WALES
MLS Area 33853 - Lake Wales South
Lot Size Units Square Feet
Lot Size Square Feet 6251
Listing Terms Cash Conventional Lease Option Owner May Carry Private Financing Available
Tax Annual Amount 2617.13
Property Condition Completed
Additional Parcels Y/N false
Virtual Tour https://tour.giraffe360.com/7d471dfc38504e48abb977257dc10f56 https://tour.giraffe360.com/7d471dfc38504e48abb977257dc10f56
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 1
Legal Description TWIN LAKE PARK SUB PB 3 PG 8 BLK 7 LOT 1 N 50 FT OF S 100 FT OF N 200 FT
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Basement Crawl Space
Flooring Carpet Laminate Other Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Aluminum Frames Blinds
Total Baths 0
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Exterior
Parking Features 1 to 5 Spaces Ground Level Other
Lot Features City Lot Landscaped Near Public Transit Other Street Lights
Water Source Public See Remarks
Lot Size Area 6251
Foundation Details Crawlspace
Number of Buildings 1
Building Area Total 1336
Lot Dimensions 50 x 125
Lot Size Acres 0.14
Road Surface Type Paved Asphalt Other
Waterfront Y/N false
Road Frontage Type Street Lights Street Paved Access Road City Street Easement Turn Lanes Other
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Hut Realty, Llc

Broker

team@hutteam.com

Email

Affordability Calculator

$2,089
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,871
Monthly Property Taxes
$218
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$299,900 Listed Price

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318 S 1ST STREET, Lake Wales, FL, 33853 is a Commercial Property for sale at $299,900 with 1,336 sqft and a lot size of 0.14. 318 S 1ST STREET was built in 1938. The property's zip code is 33853 which is in Lake Wales, FL