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Renovated Restaurant with Commercial Kitchen
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1303 E State Rd 60, Lake Wales, FL 33853

Existing food-service improvements include installed cooking equipment, refrigeration, and seating.

Property SizeContact for details
Days on Market142

Property Features for 1303 E State Rd 60

General Information

Standard status Active
Property subtype Retail

Restaurant

Seating Capacity 90
Equipment Included Yes

Additional Details

Furnished Yes
Drive-Thru No
Listing Agency: KW Commercial Winter Haven
Listed By: David Reyes · License #FL 679127
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:20PM

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 KW Commercial Winter Haven

Investment Insights

Based on property information with market context.

This recently renovated restaurant property at 1303 E State Rd 60 includes a fully equipped commercial kitchen and furnishings for restaurant operations. Improvements include a walk-in cooler, two freezers, multiple refrigerators, a refrigerated wine dispenser, two pizza ovens, a deep fryer, a 10-burner commercial stove, two commercial ovens, and a Hobart commercial mixer. The dining area has seating capacity for 90, with chairs and tables for 100.

The property is located in Lake Wales near AdventHealth Hospital, AdventHealth Sports Med & Rehab, Rai Care Center, American Care Medical Center, and Hillcrest Elementary School. County land-use classification LCC allows childcare, office, government, veterinary, and medical services. A drive-through would require C-2 use approval from the zoning board.

Key Highlights

  • Recently renovated restaurant property at 1303 E State Rd 60, Lake Wales, FL 33853
  • Commercial kitchen with 2 pizza ovens, deep fryer, 10 burner commercial stove, and 2 commercial ovens
  • Walk‑in cooler, 2 freezers, various refrigerators, and refrigerated wine dispenser

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Hair Salon Building Supply Law Firm

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

501
Businesses Nearby
332k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 28% Dining 27% Superstores 23% Home Improvements & Furnishings 20%
Walmart Superstores
77,518 visits/mo 0.4 miles
Rural King Home Improvements & Furnishings
45,437 visits/mo 0.2 miles
McDonald's Dining
37,567 visits/mo 0.2 miles
RaceTrac Shops & Services
29,113 visits/mo 0.1 miles
7-Eleven Shops & Services
21,087 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing food-service improvements include installed cooking equipment, refrigeration, and seating.
Where is this conventional restaurant located?
The property is located at 1303 E State Rd 60 Lake Wales, FL.
What are key features of this property?
This property features: Recently renovated restaurant property at 1303 E State Rd 60, Lake Wales, FL 33853; Commercial kitchen with 2 pizza ovens, deep fryer, 10 burner commercial stove, and 2 commercial ovens; Walk‑in cooler, 2 freezers, various refrigerators, and refrigerated wine dispenser
(863) 206-8278 Call to check price and availability
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