61 W CENTRAL AVE, Lake Wales, FL 33853 – K4900861

$235,000

Est. payment -/mo

$289,900

18.9%

Est.Price: ?

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7,200 SqFt

SOLD DATE : 11/30/2020

Key Details

Sold Price $235,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 7,200 sqft

Price per Sqft $32

Subdivision Heckscher Second Add

MLS Listing ID K4900861

Sold Date 11/30/20

Construction Status Inspections

HOA Y/N No

Year Built 1954

Annual Tax Amount $5,112

Lot Size 0.270 Acres

Acres 0.27

Property Description

Investment opportunity or utilize for your own business venture! This huge downtown space has amazing possibilities! Centrally located on the main thoroughfare through Lake Wales, within walking distance to the core downtown area... that is preparing for a complete redesign! For the investor, there are currently tenants in place. 65 Central Ave is approx. 4700sf, tenant has been in business here for over 10 years with a monthly rent of $1800. 61 Central Ave is approx. 2500sf with a monthly rent of $1500. Tenants incur expenses for water, sewer and electric. Owner pays garbage pickup. This property also offers a rare find.... dedicated parking! The parking lot, which is included in the sale, can easily accommodate 10 vehicles and has access from the Central Ave side and from the alley.

Location

State FL

County Polk

Community Heckscher Second Add

Zoning C-1

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Concrete, Other

Exterior

Parking Features 6 to 12 Spaces, Curb Parking

Utilities Available Public

Roof Type Membrane,Shingle

Building

Lot Description Corner Lot, City Limits, Paved

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Structure Type Concrete

New Construction false

Construction Status Inspections

Others

Ownership Partnership

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Ricardo Simon

ricardo.simon@lptrealty.com +1(407) 476-6263

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by LEGACY REAL ESTATE CENTER INC
Bought with BHHS RESULTS REALTY

"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."

+1(407) 476-6263

ricardo.simon@lptrealty.com