518 E MEMORIAL BOULEVARD Lakeland, FL $ 559,000
518 E MEMORIAL BOULEVARD
$ 559,000
Recently Listed
Share Save

518 E MEMORIAL BOULEVARD

Lakeland, FL, 33801
$ 559,000
Bedrooms-- Baths-- Sq 4,130

Monthly Estimate*

$ 3,530

518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 1
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 2
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 3
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 4
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 5
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 6
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 7
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 8
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 9
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 10
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 11
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 12
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 13
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 14
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 15
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 16
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 17
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 18
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 19
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 20
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 21
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 22
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 23
518 E MEMORIAL BOULEVARD, Lakeland, FL 33801 - Image 24
View a Virtual Tour

Commercial Property for sale in Lakeland, FL

for $559,000. This 4,130 square foot building was built in 1970 on a lot size of 0.43.

Prime commercial opportunity in the heart of Lakeland's rapidly evolving Memorial Boulevard corridor. Situated on E. Memorial Boulevard (US 92), this freestanding restaurant enjoys exceptional frontage, outstanding visibility, and exposure along one of the city's busiest commercial thoroughfares. The Memorial Boulevard corridor is the focus of significant public and private investment aimed at attracting new businesses, revitalizing the area, and supporting continued economic growth. This approximately 4,130-square-foot turnkey restaurant is fully equipped for high-volume food service and offers everything needed to open or expand your business. The commercial kitchen features more than 20 gas burners, a full commercial hood and exhaust system, spacious food preparation areas, and oversized walk-in cooler and freezer. The sale includes the dining furniture and over $60,000 in restaurant equipment, providing substantial value and reducing startup costs. Guests and staff will appreciate approximately 43 parking spaces, with additional parking available on the adjacent parcel (Parcel ID 24-28-07-171000-005030). A recently installed HVAC system adds further value. The location is minutes from Downtown Lakeland, Lakeland Regional Health, Bonnet Springs Park, hotels, retail centers, government offices, and numerous established businesses. Convenient access to Lakeland Hills Boulevard, US 98, and I-4 provides connectivity to both the Tampa and Orlando metropolitan markets, making this an ideal destination for local customers and regional visitors alike. Whether you're launching an independent concept, expanding an existing restaurant, or bringing a national franchise to Lakeland, this highly visible, fully equipped property presents a rare opportunity in one of Central Florida's fastest-growing commercial corridors.

See more

Commercial Active

Price

$ 559,000

Property Type

Commercial

Taxes

$ 3,217

Style

Restaurant

Lot Size

0.43

Year Built

1970

Town/City

Lakeland

County/Region

Polk

MLS | Web ID

O6421987

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Natural Gas Available Public Water Connected
Possession Close Of Escrow
Roof Other Shingle
Appliances Refrigerator
Zoning C-2
Construction Materials Block Brick
Year Built 1970
Property Subtype Restaurant
Tax Year 2025
Ownership Fee Simple
Additional Parcels Description 4-28-07-171000-005030
County Polk
New Construction false
Property Type Commercial Sale
Subdivision Name BON AIR ADD
Status Active
Directions From the surrounding Lakeland area travel along E. Memorial Boulevard (US-92) toward downtown Lakeland. Continue on E. Memorial Boulevard until you reach 518 E. Memorial Hwy. Lakeland FL 33801. The property is located on the right-hand side of the road just east of N. Florida Avenue making it easily accessible from the main roadway.
City LAKELAND
MLS Area 33801 - Lakeland
Lot Size Units Square Feet
Lot Size Square Feet 9405
Listing Terms Cash
Tax Annual Amount 3217
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6421987
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 4
Legal Description BON AIR ADD PB 1 PGS 114 & 115 BLK 5 LOT 4 LESS HWY
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
See more
Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
See more
Exterior
Water Source Public
Lot Size Area 9405
Foundation Details Slab
Number of Buildings 1
Building Area Total 4912
Lot Size Acres 0.43
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type Business District City Street
Number of Lots 1
See more
* Excluded Features
List By
Coldwell Banker Realty

Broker

Affordability Calculator

$3,798
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,530
Monthly Property Taxes
$268
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/10/2026$559,000 Listed Price

Map


See all

518 E MEMORIAL BOULEVARD, Lakeland, FL, 33801 is a Commercial Property for sale at $559,000 with 4,130 sqft and a lot size of 0.43. 518 E MEMORIAL BOULEVARD was built in 1970. The property's zip code is 33801 which is in Lakeland, FL