$152.65 Per Sq Foot $5,261 est/mo Sourced by Back At You

222 S 1st Street,LAKE WALES, FL 33859

LAKE WALES FL, 33859

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Description

Prime Downtown Location: This property enjoys a strategic location at the heart of Downtown Lake Wales, just steps away from Central Avenue. It offers excellent visibility and accessibility. Versatile Zoning: The property is zoned as C-R2, allowing for both commercial and residential use, providing numerous investment opportunities. Future Growth Potential: With a Future Land Use designation of DD (25 du/ac), this investment aligns perfectly with Lake Wales' growth prospects, promising long-term value appreciation. Fully Leased: The property is fully leased, ensuring immediate rental income and a hassle-free investment experience. Whether you're an experienced investor or new to the market, this Downtown Lake Wales property offers a secure and lucrative addition to your portfolio. Don't miss out on this outstanding investment opportunity. Act now to secure your financial future in one of Florida's most promising markets!

Details

MLS#P4927273
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1987
Days On Site308
Listing Provided ByCROSBY & ASSOCIATES, INC. | John Donley
Buying Commision3%

Features

SQ Feet5,864
ZoningC-2
Acreage0.48

Market Activity 33859

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of July 15, 2024 at 10:50:24 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyPolk
CityLAKE WALES
Zip Code33859
Area33859 Lake Wales
Community NameHECKSCHER SECOND ADD
Listing VS Median (in HECKSCHER SECOND ADD)
Price:
$980,000
low | high
Med:
$640,000
84.69387755102% of Average
SqFt:
5,864
low | high
Med:
4,244
77.62619372442% of Average
$ / SqFt:
$167
low | high
Med:
$141
65.794549527128% of Average
On Site:
308
low | high
Med:
310.500000
99.194847020934% of Average
Sourced by Back At You
Listing Updated: September 14, 2023 at 4:47:33 AM PDT