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$﹡﹡﹡﹡﹡(Call for Pricing)
Est. payment /mo
1 Bed
1 Bath
3,581 Sqft Lot
Coming Soon
215 Lincoln Ave Lake Wales, FL 33853-3599
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Key Details
Property Type Commercial
Listing Status Coming Soon
Purchase Type For Sale
Bedrooms 1
Full Baths 1
Lot Size 3,581 Sqft
Property Description
Outstanding value-add mixed-use opportunity in the heart of downtown Lake Wales. Located at 215 Lincoln Ave, this two-story concrete block building offers multiple income and redevelopment paths in a growing downtown corridor.
The upper level includes two (2) residential apartments, each 1 bedroom / 1 bathroom, ideal for future rental income, workforce housing, or short-term executive rentals (subject to zoning). The ground floor previously operated as a restaurant, featuring an open layout well-suited for retail, office, café, professional services, or re-establishing food service use (buyer to verify permitted uses).
Property is fully gutted and renovation-ready, allowing investors to design and build to their specifications. Interior conditions show exposed framing, joists, plumbing, and electrical, along with existing bathroom rough-ins, slab foundation, and solid concrete block construction, a strong foundation for redevelopment.
Prominent street-front location with sidewalks, decorative street lighting, multiple access points, and excellent visibility. Surrounded by municipal buildings, established local businesses, and ongoing downtown revitalization—supporting long-term appreciation and tenant demand.
Additional upside: The owner also owns the adjacent side lot, which is available for purchase separately, offering potential for expansion, parking, outdoor seating, or future development (buyer to verify).
Ideal for investors, developers, or owner-users seeking a mixed-use asset with residential units above and commercial space below in a walkable downtown setting. Sold AS-IS.
The upper level includes two (2) residential apartments, each 1 bedroom / 1 bathroom, ideal for future rental income, workforce housing, or short-term executive rentals (subject to zoning). The ground floor previously operated as a restaurant, featuring an open layout well-suited for retail, office, café, professional services, or re-establishing food service use (buyer to verify permitted uses).
Property is fully gutted and renovation-ready, allowing investors to design and build to their specifications. Interior conditions show exposed framing, joists, plumbing, and electrical, along with existing bathroom rough-ins, slab foundation, and solid concrete block construction, a strong foundation for redevelopment.
Prominent street-front location with sidewalks, decorative street lighting, multiple access points, and excellent visibility. Surrounded by municipal buildings, established local businesses, and ongoing downtown revitalization—supporting long-term appreciation and tenant demand.
Additional upside: The owner also owns the adjacent side lot, which is available for purchase separately, offering potential for expansion, parking, outdoor seating, or future development (buyer to verify).
Ideal for investors, developers, or owner-users seeking a mixed-use asset with residential units above and commercial space below in a walkable downtown setting. Sold AS-IS.
Location
State FL
County Polk
Listed by Vonteria Williams • eXp Realty - US