Furnished Restaurant in Lake
For Sale
$150,000
114 W CENTRAL AVENUE, Lake Wales, FL 33853
Fully equipped restaurant for sale in downtown Lake Wales, Florida.
Property Size1,700 SF
Price / SF$89.61
Days on Market178
Property Features for 114 W CENTRAL AVENUE
General Information
Standard status
Active
Size
1,700 SF
Property subtype
Business Opportunity
Zoning
C-2
Taxes and HOA fees
Annual Taxes
$3,609
Building Details
Building Size
1,700 SF
Year Built
1953
Stories
1
Listed By:
Ittiwat Suntron
(407) 443-1534
Source:
Evrealestate
Added: Mar 11
Changed: Sep 3
Last Checked: Sep 2 at 4:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ittiwat Suntron
Investment Insights
Based on property information with market context.
This is an exceptional opportunity to own a fully furnished and equipped restaurant. The business and building are included in the list price. The restaurant is located on a major thoroughfare into downtown Lake Wales, Florida. The dining area is spacious and furnished with booth seating. All equipment conveys with the sale of the building, including commercial walk-in coolers, a gas range, an exhaust fan, fryers, stainless work stations, sinks, and shelving. A privacy fenced back patio houses a storage building and provides a relaxing area for employees. This property has had a strong community presence for over 70 years. This is a tremendous opportunity to tap into the growing demand for eateries in this high traffic area of the downtown district.
Key Highlights
- Fully furnished and equipped restaurant; business and building included in the price.
- Prime location on a major thoroughfare into downtown Lake Wales, Florida.
- Includes all commercial‑grade kitchen equipment (walk‑in coolers, gas range, fryers, etc.).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,004
Businesses Nearby
85k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 43%
McDonald's
Dining
23,665 visits/mo
0.5 miles
Burger King
Dining
20,482 visits/mo
0.5 miles
MIDFLORIDA Credit Union
Shops & Services
9,784 visits/mo
0.4 miles
Citgo
Shops & Services
5,468 visits/mo
0.5 miles
Wells Fargo
Shops & Services
4,825 visits/mo
0.2 miles
Demographics for 33853, FL
12,404
Population
5,483
Households
2.3
Avg Household Size
38
Median Age
19%
College-Educated
85%
High-School Grad
8.7 sq mi
ZIP Area
1,426
Density / Sq Mi
$40,938
Median Household Income
$35,470
Median Earnings
$965
Median Rent
$198,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped restaurant for sale in downtown Lake Wales, Florida.
Where is this conventional restaurant located?
The property is located at 114 W CENTRAL AVENUE Lake Wales, FL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Fully furnished and equipped restaurant; business and building included in the price.; Prime location on a major thoroughfare into downtown Lake Wales, Florida.; Includes all commercial‑grade kitchen equipment (walk‑in coolers, gas range, fryers, etc.).
