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Commercial Land with Existing Building
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43 W Park Ave, Lake Wales, FL 33853

Two-story vanilla-shell improvements on C-1-zoned land at a hard corner with redevelopment documentation available.

Property SizeContact for details
Days on Market142

Property Features for 43 W Park Ave

General Information

Standard status Active
Property subtype Land, Office, Retail
Listing Agency: Millenia Partners
Listed By: Danielle Kovie · License #FL SL3484259
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 8:48PM

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 Millenia Partners

Investment Insights

Based on property information with market context.

This commercial land offering includes two parcels totaling approximately 0.71 AC +/- and an existing 8,736 SF +/- two-story vanilla-shell building. The property is positioned for continued commercial use or redevelopment, with preliminary hotel and multifamily drawings available to a purchaser. C-1 zoning supports future planning flexibility within the stated land-use designation.

The site occupies the hard corner of Park Ave W and N Wetmore St at 43 W Park Ave in Lake Wales, placing the property within the city’s central area. The corner position provides visibility from both intersecting streets, while the surrounding downtown area has undergone a beautification plan described as creating a more walkable setting. The two-parcel configuration, existing shell improvements, and available preliminary drawings provide several documented elements for evaluating redevelopment plans.

Key Highlights

  • Two parcels totaling 0.71 AC +/-
  • Existing 8,736 SF +/- two‑story vanilla‑shell building
  • C‑1 zoning

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Locksmith Bakery (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Tech Support Center Pet Store

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

940
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Two-story vanilla-shell improvements on C-1-zoned land at a hard corner with redevelopment documentation available.
Where is this commercial land located?
The property is located at 43 W Park Ave Lake Wales, FL.
What are key features of this property?
This property features: Two parcels totaling 0.71 AC +/-; Existing 8,736 SF +/- two‑story vanilla‑shell building; C‑1 zoning
(407) 214-4846 Call to check price and availability
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