1303 State Rd 60th E Lake Wales, FL 33853-4343
- Turn key restaurants
- 2,623 SF
- 0.30 lot acres
Sep 20, 2024
Current Use by Public Records
- Turn key restaurants
Property Details for 1303 State Rd 60th E
- Year built
- 1959
- Lot size
- 0.30 lot acres
- Property size
- 2,623 SF
- Zone code
- C-3
- Property type
- Turn key restaurants
- APN
- 283006939500001092
- APU
- 283006939500001092
Description
This 2,917 square foot vacant commercial property, located at 1303 State Rd 60 in Lake Wales, Florida (zip code 33853), is offered at $495,000 ($169.69/sq ft). Previously operating as Romeo's Italian Restaurant since 1986, this building presents a versatile opportunity for various food service concepts or other retail uses. The property boasts a prime location in Lake Wales' medical district, ensuring high visibility and convenient access. The interior features a fully equipped commercial kitchen, including a walk-in cooler, two freezers, multiple refrigerators, two pizza ovens, a deep fryer, a 10-burner stove, two commercial ovens, and a Hobart mixer. With two separate entrances, the space offers potential for subdivision. The dining area comfortably seats 90, with capacity for up to 100 guests. Ample parking is available with a 25-space lot. This recently renovated building is ready for immediate occupancy and presents a strong investment opportunity for owner-users. All offers will be considered.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Wales
- County
- Polk
- State
- Florida
- Longitude
- -81.5596
- Latitude
- 27.8943
- CBSA code
- 29460
- CBSA name
- LAKELAND, FL METROPOLITAN STATISTICAL AREA
