Lake Wales, FL Commercial Real Estate for Sale

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Updated: Feb 23

Mixed-Use Property with Garage

811 STATE ROAD 60 E, Lake Wales, FL 33853

$450,000

3,436 sqft 1.06 AC lot

1.06‑acre parcel with access along State Road 60, 8th Street S., Center Street, and a rear alley
3,436‑square‑foot home with four bedrooms, three full baths, and two half‑baths
R‑1A zoning supports both residential and professional uses
Detached three‑car garage includes a workshop and bonus room with a full bathroom
245 feet along State Road 60 and 152 feet each on 8th Street S. and Center Street

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This listing looks promising.

Here's a quick look at some key insights for

811 STATE ROAD 60 E, LAKE WALES, FL 33853

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Est. Cap Rate

8.6%
Above avg (5.9%)
Est. NOI

$39K
Annual
Price @ 7% Cap

$553K
Above asking
Property Type

Single Family Residence
Built 1948

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Updated: May 4

Mixed-Use Property with Showroom

126 STATE ROAD 60 W, Lake Wales, FL 33853

$2,790,000

19,632 sqft 1.94 AC lot

19,632 square feet of mixed‑use improvements
1.94‑acre property along State Road 60
Open showroom with multiple private offices
Rear warehouse, bathroom, and dedicated break room
Separate residential home included

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Medical Office with 13 Parking Spaces

441 S 11TH Street, Lake Wales, FL 33853

$1,150,000

3,310 sqft 0.72 AC lot

Medical office suite on a highly visible corner lot across from AdventHealth Lake Wales, with 13 designated parking spaces.

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Truck Stop With Fueling Station

16311 HWY 27, Lake Wales, FL 33859

$2,250,000

2,304 sqft 1.00 AC lot

Highway-oriented commercial property combines vehicle fueling, truck parking, convenience retail, and an operational hot-food department.

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Profitable Truck Stop on Highway

16311 HWY 27, Lake Wales, FL 33853

$2,250,000

2,400 sqft 5.20 AC lot

Turnkey gas station and truck stop on major highway.

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Furnished Restaurant with Commercial Kitchen

114 W CENTRAL Avenue, Lake Wales, FL 33853

$550,000

1,674 sqft 0.23 AC lot

C-2 restaurant property includes dining, kitchen, storage, and employee patio areas.

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ADA-Compliant Office Building

318 S 1st St, Lake Wales, FL 33853

$299,900

1,336 sqft 0.14 AC lot

Move-in-ready office with ADA-compliant access, private parking for up to five vehicles, and a new roof in 2025.

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Shopping Center with Parking

104 STATE ROAD 60 W, Lake Wales, FL 33853

$995,000

12,675 sqft 1.02 AC lot

Multi-tenant retail center with established occupants, rear loading access, and convenient customer and tenant circulation.

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Historic Mixed-Use Building

244 E PARK Avenue, Lake Wales, FL 33853

$1,650,000

8,480 sqft 0.12 AC lot

Two commercial suites and four apartments provide a diversified occupancy profile in a preserved brick building.

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Agricultural Land with Well

104 EGG FARM Road, Lake Wales, FL 33859

$300,000

5.51 AC lot

Rural acreage with electricity available and well water, zoned RC for agricultural property use.

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Polk County Commercial Opportunity

19 EVERGREEN Dr, Lake Wales, FL 33898

$740,000

2,760 sqft 0.83 AC lot

Multiple buildings with flexible zoning in unincorporated Polk County.

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Commercial Corner Lot on SR 60

STATE ROAD 60 E, Lake Wales, FL 33898

$385,000

5.05 AC lot

Corner lot with 660 feet of frontage on SR 60 and easy ingress/egress at the SR 60 and Doherty Dr intersection.

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Rezoned Commercial Land Parcel

FRIEDLANDER Road, Lake Wales, FL 33853

$165,000

3.92 AC lot

For-sale commercial land totaling 3.92 acres on Friedlander Road in Lake Wales, Florida.

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Office Building with Private Parking

318 S 1st St, Lake Wales, FL 33853

$299,900

1,336 sqft 0.14 AC lot

Move-in-ready office with ADA features, fiber internet, and private parking for up to five vehicles, with an office/residential option.

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Fenced Agricultural Land

MAMMOTH GROVE Road, Lake Wales, FL 33898

$215,000

6.29 AC lot

Fenced corner acreage includes stall-style agricultural structures and open land.

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General Industrial Land with Railroad

100 S AIRPORT Road, Lake Wales, FL 33859

$10,000,000

5.50 AC lot

Fully developed GI-zoned site on adjacent lots with paved areas, gated access, and railroad frontage.

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Industrial Property on State Road

126 STATE ROAD 60 W, Lake Wales, FL 33853

$2,790,000

17,600 sqft

17,600 sqft industrial property for sale in Lake Wales.

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Development-Ready Commercial Land Site

1030 CHALET SUZANNE Road, Lake Wales, FL 33859

$1,350,000

8.01 AC lot

Development-ready commercial site with an existing building for potential remodel or removal.

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Furnished Restaurant in Lake Wales

114 W CENTRAL Ave, Lake Wales, FL 33853

$550,000

0.23 AC lot

Fully equipped restaurant for sale in downtown Lake Wales, Florida.

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Auto Shop with Roll-Up Garage Door

133 W STUART Avenue, Lake Wales, FL 33853

$450,000

2,136 sqft 0.17 AC lot

C-2 auto shop with reception, dedicated office and bath, plus garage and covered carport space on concrete pavement.

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Lake Wales Commercial Property

114 W CENTRAL AVENUE, Lake Wales, FL 33853

$150,000

1,674 sqft

Commercial property available in Lake Wales, Florida.

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Corner Development Land with Retail Potential

DOHERTY Drive, Lake Wales, FL 33898

$299,000

5.73 AC lot

Corner lot with 381 feet of frontage on SR 60 and access from Doherty Drive for flexible development under ARR zoning.

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Corner Lot Retail Showroom

101 Central Avenue W, Lake Wales, FL 33853

$449,000

532 sqft

Two-lot commercial property operating as a car dealership, zoned C-2, with corner-lot positioning in Lake Wales.

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Commercial Land Along State Road 60

W STATE ROAD 60, Lake Wales, FL 33853

$250,000

1.13 AC lot

Multi-lot commercial tract with public water and sewer service.

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Lake Wales, FL Commercial Real Estate Market Trends and Statistics

Explore 82 commercial real estate for sale in Lake Wales, FL, showcased through 82 active listings on our real estate platform. These investment opportunities span a total of 275,113 square feet of properties for sale, with an estimated market value of $56,088,400.

Sale prices for business properties in Lake Wales, FL start at $100,000, averaging $1,246,408, and reaching up to $10,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 43K

Population Growth (5Y) -17.6%

Median Household Income $52,183

College Educated 33.0%

High-Yield Neighborhoods for Investment

Identify Lake Wales submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Indian Lake Estates	$100K
River Ranch	$215K
Lake Wales	$1.2M

Taxes & Financing

Tax Rate (average for all types) 1.68%

Property Tax per SF $27.09 per SF

Tax Rate vs County Average 0.11 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Polk County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Lake Wales fall within the 100,000+ square foot range.

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