Lake Wales, FL Commercial Real Estate for Sale

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Updated: May 4

Flex Space with Warehouse and Residence

126 STATE ROAD 60 W, Lake Wales, FL 33853

$3,150,000

17,600 sqft 1.94 AC lot

Concrete construction commercial property on State Road 60 in Lake Wales (Year built: 1988)
Central air cooling and a main open‑concept furniture showroom designed for easy display of inventory
Separate residential home for owner occupancy, rental income, or on‑site management
Rear warehouse space for storage, distribution, or light industrial use
Multiple private offices plus an on‑site bathroom and dedicated break room

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126 STATE ROAD 60 W, LAKE WALES, FL 33853

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Est. Cap Rate

6.3%
Above avg (5.9%)
Est. NOI

$198K
Annual
Mortgage

$140K
Feb 2020
Property Type

Retail Stores
Built 1988

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Updated: Jul 15

Medical Office with 13 Parking Spaces

441 S 11TH Street, Lake Wales, FL 33853

$1,150,000

3,310 sqft 0.72 AC lot

Approximately 3,300 SF medical office previously used for ophthalmology practice and surgical suite
On highly visible corner lot directly across from AdventHealth Lake Wales Hospital campus
Medical office layout includes 3 exam rooms, oversized reception and waiting area, optical display room, separate lab, kitchen/break room, and staff lockers
13 designated parking spaces plus detached storage building for additional convenience
Metal roof; central heating and central air; public water and public sewer; block construction; built in 1976

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Turnkey Gas Station and Truck Stop

16311 HWY 27, Lake Wales, FL 33859

$2,250,000

2,304 sqft 1.00 AC lot

Turnkey truck stop with multiple fuel pumps, truck parking, and an operational convenience store with a hot food department.

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Profitable Truck Stop on Highway

16311 HWY 27, Lake Wales, FL 33853

$2,250,000

2,400 sqft 5.20 AC lot

Turnkey gas station and truck stop on major highway.

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ADA-Compliant Office Building

318 S 1st St, Lake Wales, FL 33853

$299,900

1,336 sqft 0.14 AC lot

Move-in-ready office with ADA-compliant access, private parking for up to five vehicles, and a new roof in 2025.

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Prime Development Land in Lake Wales

FRIEDLANDER Road, Lake Wales, FL 33853

$175,000

3.92 AC lot

3.92 acres of development land in a growing area.

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C-2 Zoned Commercial Land Lot

200 S SCENIC Highway, Lake Wales, FL 33853

$199,900

0.17 AC lot

C-2 zoned commercial land lot on Scenic Highway, across from the Depot historical museum.

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Industrial Condo Investment Opportunity

1750 Longleaf Boulevard, Lake Wales, FL 33859

$1,650,000

7,976 sqft

Leased industrial condo in Polk County, long-term government tenant.

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Commercial Corner Lot on SR 60

STATE ROAD 60 E, Lake Wales, FL 33898

$385,000

5.05 AC lot

Corner lot with 660 feet of frontage on SR 60 and easy ingress/egress at the SR 60 and Doherty Dr intersection.

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Corner Commercial Development Lot

206 N 1ST Street, Lake Wales, FL 33853

$199,900

0.23 AC lot

Commercial C-1 corner lot in Lake Wales, sized for construction and suited for small business development.

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Polk County Commercial Opportunity

19 EVERGREEN Dr, Lake Wales, FL 33898

$740,000

2,760 sqft 0.83 AC lot

Multiple buildings with flexible zoning in unincorporated Polk County.

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General Industrial Land with Railroad

100 S AIRPORT Road, Lake Wales, FL 33859

$10,000,000

5.50 AC lot

Fully developed GI-zoned site on adjacent lots with paved areas, gated access, and railroad frontage.

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Automotive Shop with Office & Garage

133 W STUART Avenue, Lake Wales, FL 33853

$450,000

2,136 sqft 0.17 AC lot

Automotive property with reception, offices, and garage space with roll-up door plus covered carport on fenced concrete.

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Office Building with Private Parking

318 S 1st St, Lake Wales, FL 33853

$299,900

1,336 sqft 0.14 AC lot

Move-in-ready office with ADA features, fiber internet, and private parking for up to five vehicles, with an office/residential option.

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Commercial Site Ready for Development

1030 CHALET SUZANNE Road, Lake Wales, FL 33859

$1,350,000

8.01 AC lot

Prime commercial land available for development in Lake Wales, Florida.

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Retail Frontage Development Lots

W STATE ROAD 60, Lake Wales, FL 33853

$250,000

1.13 AC lot

Five commercial lots offer frontage on State Road 60 and access to Bullard Ave in Lake Wales.

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Corner Lot Retail Showroom

101 Central Avenue W, Lake Wales, FL 33853

$649,000

532 sqft

Two-lot commercial property operating as a car dealership, zoned C-2, with corner-lot positioning in Lake Wales.

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Corner Development Land with Retail Potential

DOHERTY Drive, Lake Wales, FL 33898

$299,000

5.73 AC lot

Corner lot with 381 feet of frontage on SR 60 and access from Doherty Drive for flexible development under ARR zoning.

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Industrial Property on State Road

126 STATE ROAD 60 W, Lake Wales, FL 33853

$3,250,000

17,600 sqft

17,600 sqft industrial property for sale in Lake Wales.

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Agricultural Land with Greenhouse Infrastructure

3510 WALK IN WATER Road, Lake Wales, FL 33898

$395,000

4.99 AC lot

Nearly complete 2026 CEA greenhouse buildout on nearly five acres, supported by onsite wells, irrigation, and hydroponic systems.

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Historic Lake Wales Mixed-Use Building

244 E PARK Avenue, Lake Wales, FL 33853

$1,650,000

8,480 sqft

Historic mixed-use building with commercial suites and residential apartments.

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LAKE WALES Land For Sale

3288 MASTERPIECE Road, Lake Wales, FL 33898

$950,000

13.95 AC lot

Nearly 14 acres zoned for PUD community development.

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Lake Wales Commercial Property

114 W CENTRAL AVENUE, Lake Wales, FL 33853

$150,000

1,674 sqft

Commercial property available in Lake Wales, Florida.

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Multi-Parcel Commercial Land Opportunity

CHALET SUZANNE Road, Lake Wales, FL 33859

$1,200,000

3.99 AC lot

Three commercial land parcels totaling 7.3 acres near major retail corridors, with no HOA in a rural setting.

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Lake Wales, FL Commercial Real Estate Market Trends and Statistics

Explore 76 commercial real estate for sale in Lake Wales, FL, showcased through 76 active listings on our real estate platform. These investment opportunities span a total of 132,898 square feet of properties for sale, with an estimated market value of $20,348,900.

Sale prices for business properties in Lake Wales, FL start at $150,000, averaging $1,017,445, and reaching up to $3,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 43K

Population Growth (5Y) -17.6%

Median Household Income $52,183

College Educated 33.0%

High-Yield Neighborhoods for Investment

Identify Lake Wales submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
33898	$361.2K
33853	$876.8K
33859	$1.6M

Taxes & Financing

Tax Rate (average for all types) 1.68%

Property Tax per SF $27.09 per SF

Tax Rate vs County Average 0.11 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Lake Wales fall within the 100,000+ square foot range.

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