253 E STUART AVENUE
Lake Wales, FL, 33853 $ 52,248
Bedrooms-- Baths-- Sq 3,732 for $52,248. This 3,732 square foot property was built in 1988 on a lot size of 0.05.
Restaurant | Single tenant | 3,732 SqFt Building description For Lease – Turnkey Restaurant Space 253 E. Stuart Ave., Downtown Lake Wales, FL ±3,732 SF | Two Dining Rooms | Full Commercial Kitchen Property Overview Prime downtown restaurant space in the heart of the revitalized Lake Wales business district. Formerly an upscale restaurant, this beautifully designed property offers approximately 3,732 square feet with two spacious dining areas, a full-size commercial kitchen, and excellent visibility along E. Stuart Avenue. Ideal for a fine-dining, casual-upscale, or event-driven concept. Highlights ±3,732 SF of interior space Two separate dining rooms plus bar area Fully equipped commercial kitchen layout with hood and prep areas 2 Bathrooms Small office space Elegant existing build-out suitable for immediate occupancy Downtown Lake Wales location within walking distance to shops, cafés, and parks Excellent frontage and signage visibility Ample nearby public parking Downtown Lake Wales Revitalization The property is located within the Lake Wales Connected redevelopment zone—an ambitious city initiative transforming the downtown corridor with new streetscapes, wider sidewalks, improved lighting, and lush landscaping. Recent upgrades to Park Avenue and Market Plaza have created a vibrant, walkable destination that attracts locals and visitors alike. Adding to the momentum, new residential developments are underway nearby, bringing fresh housing and a growing customer base—perfect for restaurant or hospitality operators looking to capitalize on the district’s resurgence. Ideal For Restaurant or bistro concept Brewpub or wine bar Location Advantages Central downtown location with strong local and tourist traffic Minutes from major thoroughfares (US-27 & SR-60) Surrounded by historic architecture, boutique retail, and civic investments Building highlights Built in 1919–20 and commissioned for $70,000 by pioneer developer Bernice K. Bullard, the Bullard Building established itself at the heart of Lake Wales’ early commercial boom. Once called ‘the architectural gem of Lake Wales,’ the two-story masonry vernacular block at 239-257 E. Stuart Avenue housed a full suite of downtown services—from a drug store and barber shop to the U.S. Post Office and municipal offices above. Today, the building retains its original storefront rhythm, substantial street frontage and historic prestige, providing your new enterprise with both modern amenity and downtown identity.
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FeaturesGeneralCooling Central Air
Construction Materials Concrete
Year Built 1988
Property Subtype Restaurant
Tax Year 2025
County Polk
New Construction false
Property Type Commercial Lease
Subdivision Name BULLARD BLDG CONDO
Status Active
Directions From the intersection of Central and 1st St go North on 1st St. Turn right on E Stuart Ave. Unit is toward the end of the street on the left.
City LAKE WALES
MLS Area 33853 - Lake Wales South
Lot Size Units Square Feet
Lot Size Square Feet 2326
Tax Annual Amount 5636
Ok to Lease 3 to 5 Years
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/K4903355
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 3
Lease Amount Frequency Annually
Legal Description THE BULLARD BUILDING CONDOMINIUM OR 2592 PGS 1028 THRU 1064 & AMENDED IN OR 7765 PGS 1561-1566 UNIT 3 AND AN UNDIVIDED INTEREST IN THE COMMON ELEMENTS AS PER CONDO DECLARATION
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
DockY/N false
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InteriorAir Conditioning Y/N true
Total Baths 0
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ExteriorLot Size Area 2326
Foundation Details Slab
Number of Buildings 1
Building Area Total 3732
Lot Size Acres 0.05
Road Surface Type Paved
Waterfront Y/N false
Road Frontage Type City Street
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* Excluded FeaturesList ByLegacy Real Estate Center IncBroker
rentwithlegacy@gmail.comEmail
NearbyAbout Lake Wales, FL 15,820 Population
28% Since 2002
$ 38,450 Median Income
39.85 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/19/2026 | $52,248 | | Listed Price |