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    128 E Orange Ave Lake Wales, FL 33853

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    For Sale
    $225,000

    Two-suite commercial building in downtown Lake Wales with parking.

    Lot size:
    0.06 Acres

    Property Features for 128 E Orange Ave

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1954

    Source: LA ROSA REALTY CENTRAL FLORIDA Agent Robert Armstrong, PL

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Lake Wales Commercial Building

    This two-suite commercial building is situated in downtown Lake Wales. It features private curbside parking and access to an additional city parking lot. Both units are currently owner-occupied. One unit is a salon with 2 shampoo sinks, and the other is a barbershop with a shampoo backwash. The equipment in both units is optional. The property includes zoned central air conditioning and two separate bathrooms. One AC unit is 10 years old, and the other is 1 year old. The roof is 7 years old. This property is ideal for investors or owner-occupants looking to use one suite and lease out the other.
    Insight Report Location Intelligence

    Current Use by Public Records

    Urban Trendz Barber Shop

    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.

    Similar Places Nearby

    Dawns Flower Patch, The party concierge

    Location Insight

    • Map
    • Local Demand
    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.5887891
    Latitude
    27.9031589

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    FAQs

    What type of property is this?
    Storefront property - Two-suite commercial building in downtown Lake Wales with parking.
    Where is this storefront property located?
    The property is located at 128 E Orange Ave Lake Wales, FL.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Two-suite commercial building in downtown Lake Wales.; - Private curbside parking plus access to city parking lot.; - Ideal for investors or owner-occupants - use one suite, lease the other.
    (863) 206-3901
    Request Owner's contact information
    128 E Orange Ave Lake Wales, FL 33853
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    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
    128 E Orange Ave Lake Wales, FL 33853
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