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Versatile Multi-Use Property in Lakeland
For Sale
$265,000

618 W 5TH St, Lakeland, FL 33805

Adaptable commercial space with fenced yard, suitable for various uses.

Property Size2,221 SF
Lot Size0.18 Acres
Days on Market169

Property Features for 618 W 5TH St

General Information

Standard status Active
Size 2,221 SF
Lot size 0.18 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1,446

Building Details

Building Size 2,221 SF
Year Built 1950
Stories 1
Listing Agency: RE/MAX Experts
Listed By: Donna Williams · License #3199709
Source: Elliman
Added: Mar 10 Changed: Aug 17 Last Checked: Aug 25 at 9:03AM

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 RE/MAX Experts

Investment Insights

Based on property information with market context.

This multi-use property features three distinct areas that can be configured to suit various needs. One area measures 18' x 35', while the second area is 18' x 47' and can be easily divided into two separate spaces. The property includes a kitchen and two toilets. The interior can be remodeled to accommodate different uses. A fenced yard is included. The roof was replaced in 2019, and the electrical system was upgraded approximately 13 years ago. The building was last utilized as a senior day care facility. The sale includes an additional parcel of vacant land located at 609 W 4TH ST, with parcel details 23-28-12-055000-002022. Located in Lakeland, Florida, this property offers flexibility for various business ventures.

Key Highlights

  • Multi‑use property with flexible configuration options.
  • Includes an additional vacant land parcel (609 W 4TH ST).
  • Roof replaced in 2019.

Property Analytics

Current Use

Day care centers

Suggested Use

Top Pick Accounting Firm (Bike/Boat/Book/etc) Store Electrical Service Catering Service Garden Center Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,886
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33805, FL

26,954
Population
11,908
Households
2.3
Avg Household Size
36
Median Age
17%
College-Educated
82%
High-School Grad
26.0 sq mi
ZIP Area
1,037
Density / Sq Mi
$55,565
Median Household Income
$35,077
Median Earnings
$1,179
Median Rent
$173,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Day care center - Adaptable commercial space with fenced yard, suitable for various uses.
Where is this day care center located?
The property is located at 618 W 5TH St Lakeland, FL.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Multi‑use property with flexible configuration options.; Includes an additional vacant land parcel (609 W 4TH ST).; Roof replaced in 2019.
More about this property
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