Downtown Lake Wales Retail
For Lease
$32,760
245 E PARK Ave, Lake Wales, FL 33853
Retail space in revitalized downtown Lake Wales business district.
Space SizeContact for details
Property Size2,340 SF
Lot Size0.06 Acres
Days on Market167
Property Features for 245 E PARK Ave
General Information
Standard status
Active
Size
2,340 SF
Lot size
0.06 Acres
Property subtype
Commercial
Lease Term
2 years
Taxes and HOA fees
Annual Taxes
$3,818
Building Details
Building Size
2,340 SF
Year Built
1920
Listing Agency:
Legacy Real Estate Center, Inc
(863) 676-0200
Listed By:
Brian Vogel · License #3297845
(863) 676-0200
Source:
Elliman
Added: Mar 10
Changed: Aug 22
Last Checked: Aug 22 at 10:09AM
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 Legacy Real Estate Center, Inc
Investment Insights
Based on property information with market context.
Located in the downtown business district of Lake Wales, this property benefits from a steady flow of potential customers. Downtown renovations are complete, with the aim of transforming the area into a destination with new food, shopping, and entertainment venues. The unit features a front retail shop and reception area, a conference room, a laundry room, a bathroom, and 6 suites. The suites are located in the back half of the space and can be built out to suit other business types. The property was formerly a spa.
Key Highlights
- Prime location in the revitalized Downtown Lake Wales business district.
- High customer traffic potential due to downtown location.
- Includes a front retail shop and reception area.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
907
Businesses Nearby
19k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Wells Fargo
Shops & Services
4,825 visits/mo
0.1 miles
Family Dollar
Shops & Services
4,156 visits/mo
0.3 miles
Truist
Shops & Services
3,656 visits/mo
0.2 miles
Citgo
Shops & Services
3,530 visits/mo
0.2 miles
Advance Auto Parts
Shops & Services
2,097 visits/mo
0.5 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space in revitalized downtown Lake Wales business district.
Where is this retail space located?
The property is located at 245 E PARK Ave Lake Wales, FL.
What is the lease rate?
The lease rate is $32,760.
What are key features of this property?
This property features: Prime location in the revitalized Downtown Lake Wales business district.; High customer traffic potential due to downtown location.; Includes a front retail shop and reception area.
