Stabilized Downtown Lakeland Investment — Sale in Lakeland, FL

  • Price: $1.2M
  • Listing type: For sale
  • Asset type: Business
  • Location: Lakeland, FL 33801
  • Size: 4,200 SF

Investment Figures

Price per square foot
$286

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

We are pleased to present this exceptional opportunity to own a fully stabilized retail investment property in the heart of downtown Lakeland, Florida. This 4,200 SF building is divided into two separately leased units, providing immediate, stable cash flow with long-term, well-established tenants. The property is zoned C-7, allowing for a wide variety of commercial uses, including retail, restaurant, entertainment, and office. The two tenants have occupied the property for more than 15 years, demonstrating the strength of the location and the stability of the investment. One tenant operates a successful family-oriented dance studio, while the other is a popular nightlife destination. The property has 5 designated parking spaces in the rear of the building. Located on Kentucky Avenue, Lakeland's premier retail and entertainment corridor, the property benefits from outstanding visibility, strong pedestrian traffic, and close proximity to Munn Park, City Hall, Bonnet Springs Park, Florida Southern College, The Joinery, RP Funding Center, hotels, an ever-growing restaurant scene, breweries, and numerous local retailers. Whether you're seeking a stable, passive investment or a strategic acquisition in one of Central Florida's most vibrant downtown districts, this property represents an outstanding opportunity. Lakeland is located between Tampa and Orlando on the I-4 corridor and is a growing City within one of the fastest-growing counties in the US. The corridor has in excess of 8 million residents. The I-4 interchanges in Lakeland see 100,000 ± vehicles per day. Location Description Located in the heart of Lakeland, FL, the area surrounding the property is a vibrant hub for retail and street retail investments. With its charming historic downtown, lively local eateries, and upscale shopping, the location offers a dynamic environment for businesses to thrive. Nearby points of interest include the renowned Polk Museum of Art, the popular Lakeland Square Mall, and the pic

Market Context

This commercial property in Lakeland, FL is listed for sale at $1,200,000 across 4,200 SF. It has been on the market for 16 days. Compare it against other commercial property listings for sale in Lakeland, FL — view the full market.

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