Lake Wales Restaurant
For Sale
Contact for pricing
1303 Hesperides Rd, Lake Wales, FL
Recently renovated restaurant with equipment included in Lake Wales.
Property SizeContact for details
Lot Size0.30 Acres
Days on Market1197
Property Features for 1303 Hesperides Rd
General Information
Standard status
Active
Lot size
0.30 Acres
Property subtype
RETAIL
Listing Agency:
KELLER WILLIAMS REALTY OF WH
(863) 206-8278
Listed By:
David Reyes · License #679127
(863) 206-8278
Source:
Moodyscre
Added: Apr 27, 2023
Changed: Jul 10
Last Checked: Jul 21 at 5:49AM
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 KELLER WILLIAMS REALTY OF WH
Investment Insights
Based on property information with market context.
This property, located in the heart of Lake Wales, is a recently renovated restaurant. It is zoned by the county with a FLU of LCC, allowing for childcare, office, government building, veterinary services, and medical services. A Drive Thru would be a C-2 use requiring approval by the zoning board. The location has served the community as Romeos Italian restaurant since 1986. The property is positioned in the Lake Wales medical district, near AdventHealth Hospital, AdventHealth Sports Med & Rehab, Rai care Center, and American Care Medical Center, and is also located near Hillcrest Elementary School. The location presents an opportunity to establish a lunch and dinner cuisine business. The restaurant is equipped to restart operations, including a walk-in cooler, two freezers, various refrigerators, a refrigerated wine dispenser, two pizza ovens, a deep fryer, a 10-burner commercial stove, two commercial ovens, a Hobart commercial mixer, and seating for 90 with chairs and tables for 100. The location sees 25,500 cars per day.
Key Highlights
- Fantastic location in the heart of the Lake Wales medical district, near AdventHealth Hospital and other medical offices, plus Hillcrest Elementary School.
- High traffic volume of 25,500 cars per day provides excellent visibility and customer access.
- Existing restaurant infrastructure is ready for operation, including walk‑in cooler, freezers, refrigerators, pizza ovens, commercial stove, ovens, and mixer.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
511
Businesses Nearby
250k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Shops & Services 35%
Home Improvements & Furnishings 27%
Electronics 2%
Rural King
Home Improvements & Furnishings
45,437 visits/mo
0.3 miles
McDonald's
Dining
37,567 visits/mo
0.4 miles
RaceTrac
Shops & Services
29,113 visits/mo
0.2 miles
7-Eleven
Shops & Services
21,087 visits/mo
0.4 miles
Wendy's
Dining
16,161 visits/mo
0.4 miles
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Restaurant - Recently renovated restaurant with equipment included in Lake Wales.
Where is this restaurant located?
The property is located at 1303 Hesperides Rd Lake Wales, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Fantastic location in the heart of the Lake Wales medical district, near AdventHealth Hospital and other medical offices, plus Hillcrest Elementary School.; High traffic volume of 25,500 cars per day provides excellent visibility and customer access.; Existing restaurant infrastructure is ready for operation, including walk‑in cooler, freezers, refrigerators, pizza ovens, commercial stove, ovens, and mixer.
