133 W STUART AVENUE, Lake Wales, FL 33853
Business - LAKE WALES, FL
- Added:
- Nov 22, 2024
- Days on Market:
- 565
- Last Refresh:
- Jun 10 at 6:06 pm
Property Features for 133 W STUART AVENUE
General Information
- Property type
- Commercial Sale
- Property subtype
- Business
- Zoning
- C-2
- Standard status
- Active
- APN
- 27-30-02-908000-001201
- Size
- 2,136 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 1453
Building Details
- Year built
- 1958
- Flooring type
- Concrete, Tile, Tile - Ceramic
- Building materials
- Block, Concrete
- Roof type
- Membrane
- Architectural style
- Other
Listing agent Vicky Holloway License #3279441 (863) 557-9003
Listing office LEGACY REAL ESTATE CENTER INC 218 East Park Avenue, Lake Wales, FL (863) 676-0200
Listing date Nov 22, 2024
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Option to purchase as a turn‑key, well‑established auto upholstery business with a 50+ year client base.
- Prime downtown Lake Wales location, experiencing significant development and growth.
- Over 1500 sq. ft. of flexible workspace in the main building, suitable for redesign.
- Substantial 400+ sq. ft. garage space with roll‑up door for multiple projects.
- Additional 1000 sq. ft. covered carport with 14' height on concrete pavement.
- Secured property with fence and wall on two sides, near Highway 27 for easy access.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.2k | $17.40 |
| − Vacancy | −$2.9k | −$1.36 |
| EGI | $34.3k | $16.04 |
| − OpEx | −$10.3k | −$4.81 |
| NOI | $24.0k | $11.23 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Dan's Mobile Paint Services — 411 E Polk Ave, Lake Wales, FL 33853
- iTint Professional GlassTinting — 330 S Scenic Hwy, Lake Wales, FL 33853
- Mobile mechanic gas&diesel RV semi truck trelair van cars — 19254 US Hwy No. 27, Lake Wales, FL 33853
- Papos Tire And Auto Repair — 322 S Scenic Hwy, Lake Wales, FL 33853
- Tire Choice Auto Service Centers — 203 Domaris Ave, Lake Wales, FL 33853
Location Insight
- Map
- Local Demand
- City
- Lake Wales
- County
- Polk
- State
- Florida
- Longitude
- -81.592959
- Latitude
- 27.901783
