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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

231 Kentucky Ave Lakeland, FL 33801

30,000 SF Built 1918
Property ID
Property summary
AI-generated overview

The Bowyer Building, a historic 30,000 square foot, two-story office building located at 231 N Kentucky Ave, Lakeland, FL 33801, offers a unique blend of character and modern amenities. Built in 1902 and renovated in 2010, this landmark property boasts executive and traditional office spaces, with a minimum divisible space of 255 square feet and a maximum contiguous space of 2,100 square feet. The building features an elevator and is situated in the heart of Lakeland's downtown commercial district, within walking distance of Munn Park, restaurants, banks, and city offices. Ground floor retail spaces are currently occupied by established businesses, including Mitchell’s Coffee Shop, Amelia Paige Boutique, and Six 12.1 Salon. The second floor offers ample space for lease, ideal for businesses seeking a prestigious address in a vibrant, walkable environment. Convenient access to I-4 and the Polk Parkway (both within 3+ miles) ensures easy commuting. This property is located within Lakeland's Community Redevelopment Area (CRA) and historic districts. The building's rich history, dating back to Lakeland's founding, adds to its unique appeal. Currently, a large 2,100 square foot space is available on the second floor with a modified gross lease.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1918
Total area 30,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Le’von Lash Hair Salon
  • Movement Mortgage Loan Service Bank
  • Shawn Dunning, Movement Mortgage Loan Service Bank
  • Haven Holistic Studio Alternative Medicine Practice Spa & Massage Center
  • Lani Renee, BHS, & LMT Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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