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    247 E Stuart Ave Lake Wales, FL 33853

    For Lease
    $13 SF/Yr ($4,753 /Mo)

    Mixed Use - LAKE WALES, FL

    Type:Mixed Use
    Property size:
    4,388 SF
    Lot size:
    0.06 Acres
    Days on Market:
    171
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 247 E Stuart Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    27-30-02-910033-001010
    Size
    4,388 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1919
    Building materials
    Concrete
    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 18, 2025

    MLS# K4902972 Listing URL

    Copyright © 2025 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

    Historic Mixed-Use Building in Lake Wales

    The Bullard Building, constructed in 1920, is located on E Stuart Avenue in Lake Wales, Florida. This architectural gem offers two stories of flexible space suitable for various business types. Each floor provides 2,194 square feet, totaling 4,388 square feet. The first floor is divided into multiple rooms and office spaces, featuring two handicap-accessible bathrooms. The second floor is primarily an open space with a small kitchen area, elevator access, and two office spaces that include large windows overlooking Stuart Avenue. The building retains much of its original beauty and is situated on a lot of 0.06 acres. Flexible options for subdividing and TIA are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Studio 6 Academy ... Dance School

    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
    -81.587242
    Latitude
    27.902184

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    FAQs

    What type of property is this?
    Mixed-use property - Two-story mixed-use building with flexible space in downtown Lake Wales.
    Where is this mixed-use property located?
    The property is located at 247 E Stuart Ave Lake Wales, FL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Two stories of flexible commercial space totaling 4,388 sq ft, suitable for various business types.; - Prime location on E Stuart Avenue in the historic Bullard Building.; - Original architectural beauty retained from its 1920 construction.
    (863) 676-0200
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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
    247 E Stuart Ave Lake Wales, FL 33853
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