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    245 E Park Ave Lake Wales, FL 33853

    Sponsored
    For Lease
    $14 SF/Yr ($2,730 /Mo)

    Retail - LAKE WALES, FL

    Type:Retail
    Property size:
    2,340 SF
    Lot size:
    0.06 Acres
    Days on Market:
    203
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 245 E Park Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    C-1
    APN
    27-30-01-883000-025180
    Size
    2,340 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Building materials
    Brick
    Architectural style
    Other

    Legacy Real Estate Center, Inc (863) 676-0200 [email protected]

    Listing agent Brian Vogel (863) 676-0200 License #3297845

    Listing date Jun 17, 2025

    MLS# K4902970 Listing URL

    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.

    Overview

    Downtown Lake Wales Retail Space

    Located in the downtown business district of Lake Wales, this retail property offers a high-traffic location. Recent downtown renovations aim to transform the area into a destination with new food, shopping, and entertainment venues. The 2340-square-foot space includes a front retail shop and reception area, a conference room, a laundry room, a bathroom, and six suites. The suites are located in the back half of the space and can be built out to suit other business types. The property, zoned C-1, was formerly a spa.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Health Bloom Insurance ... Health Insurance Agency The Oasis Spa Spa

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.587305
    Latitude
    27.902873

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    FAQs

    What type of property is this?
    Retail space - Retail space in revitalized downtown Lake Wales business district.
    Where is this retail space located?
    The property is located at 245 E Park Ave Lake Wales, FL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the revitalized Downtown Lake Wales business district.; - High customer traffic potential due to downtown location.; - Versatile space with front retail shop, reception area, conference room, laundry room, bathroom, and 6 suites.
    (863) 676-0200
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    245 E Park Ave Lake Wales, FL 33853
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    245 E Park Ave Lake Wales, FL 33853
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