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    33 Highway 60 Lake Wales, FL 33853

    Sponsored
    For Sale
    $459,900

    Charming 2-story office, prime location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This stunning, 2,534 square-foot office building presents a unique opportunity in the heart of Lake Wales, Florida. Originally constructed in 1914, this two-story property seamlessly blends historic charm with modern updates, offering a versatile layout suitable for a variety of businesses. The building sits on a 0.55-acre lot, providing ample parking and potential for future expansion. Its central Lake Wales location ensures excellent visibility and accessibility, a significant advantage for businesses seeking high exposure. The property has been meticulously maintained, retaining its timeless character while incorporating modern improvements to meet contemporary professional needs. The asking price for this exceptional property is $459,900. This is a rare chance to acquire a piece of Lake Wales history while benefiting from a functional and well-located commercial space. The building's prime location and substantial size make it an ideal investment for businesses seeking a prominent presence in a thriving community. The combination of historical significance and modern functionality makes this property a truly unique offering. Don't miss this opportunity to own a piece of Lake Wales' rich history and establish your business in a highly visible and convenient location.

    Property Features for 33 Highway 60

    General Information

    Property type
    Office Properties & Spaces
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Spa & Massage Auto Repair Shop Hair Salon Nail Salon Shopping Mall

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.5910304
    Latitude
    27.8957324

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    FAQs

    What type of property is this?
    Office Property / Space - Charming 2-story office, prime location
    Where is this office property / space located?
    The property is located at 33 Highway 60 Lake Wales, FL.
    What is the asking price?
    The asking price for this property is $459,900.
    Request Owner's contact information
    33 Highway 60 Lake Wales, FL 33853
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    Lake Wales, FL 33853
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    33 Highway 60 Lake Wales, FL 33853
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