16311 HWY 27
Lake Wales, FL, 33859 $ 2,250,000
Bedrooms-- Baths-- Sq 2,304 Monthly Estimate*
$ 15,540
for $2,250,000. This 2,304 square foot building was built in 1970 on a lot size of 1.
HIGH-VISIBILITY US HWY 27 C-STORE + BUSINESS + REAL ESTATE — MAJOR UPSIDE POTENTIAL Excellent opportunity to acquire an established convenience store, fuel operation, and real estate positioned directly on US Highway 27 in Lake Wales, near the Longleaf Business/Industrial area and the growing South Lake Wales commercial corridor. The offering includes the operating business and real estate, with seller-reported convenience-store sales of approximately $55,000 per month, plus approximately 25,000 gallons of gasoline/diesel volume per month. This existing operation provides a foundation for an owner/operator or investor seeking to reposition and expand a strategically located highway property. The property's real potential may be in its future redevelopment and expansion possibilities. A buyer could explore modernization of the existing store and fuel operation, potential branded fuel and/or quick-service restaurant concepts, and the addition of a modern car wash, subject to franchise approval, zoning, permitting, and other applicable requirements. Seller represents that the underground fuel tanks are currently compliant; buyer should independently verify all environmental, regulatory, and equipment matters during due diligence. The property is located along the heavily traveled US 27 corridor, with convenient access to nearby industrial and commercial activity. As additional businesses and industrial users locate in the South Lake Wales area, this site offers an opportunity to serve employees, commercial traffic, local residents, and highway travelers. Purchase the business and real estate with approximately 1 acre, or inquire about the potential acquisition of additional surrounding acreage (approximately 4.5 acres) for a larger commercial vision. Additional land could create opportunities to explore truck-oriented services, expanded fueling, truck parking, scales, food service, car/truck wash facilities, or other highway-commercial uses, subject to governmental approvals. This is more than the purchase of an existing C-store—it is an opportunity to control a strategically positioned US 27 commercial site with an established business today and multiple potential avenues for future expansion. Business + Real Estate | US Hwy 27 Frontage | Existing Fuel Sales | Established C-Store | Expansion Potential | Additional Acreage Potentially Available
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FeaturesGeneralCooling Central Air
Possession Close Of Escrow
Zoning XX
Construction Materials Concrete
Year Built 1970
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
County Polk
New Construction false
Property Type Commercial Sale
Subdivision Name ACREAGE
Status Active
Directions From US 27 and Hammock Head North on 27 heading towards Lake Wales destination will be on the right.
City LAKE WALES
MLS Area 33859 - Lake Wales
Lot Size Units Acres
Lot Size Square Feet 43560
Listing Terms Cash
Tax Annual Amount 8999.42
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4965194
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Legal Description N 600 FT OF NW1/4 OF SE1/4 LYING E OF SR 25
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
Flood Zone Code X Y
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InteriorTotal Stories 1
Air Conditioning Y/N true
Total Baths 0
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ExteriorLot Size Area 1
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 2304
Lot Size Acres 1
Road Surface Type Paved
Waterfront Y/N false
Road Frontage Type Highway
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* Excluded FeaturesList Bygregadvantagerealty@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,540
- Monthly Property Taxes
- $750
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyCommerical listings in Lake Wales, FL
Average List Price $1,111,924
Percent of Sale Price 51%
About 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 |
|---|
| 10/16/2026 | $2,250,000 | | Listed Price |