19501 Us Hwy 27 Lake Wales, FL ^$ 1,450,000

19501 Us Hwy 27

^$ 1,450,000

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19501 Us Hwy 27

Lake Wales, FL, 33853

^$ 1,450,000

Studio Baths0.0 Sq 3,649

Monthly Estimate*

^$ 9,637

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View a Virtual Tour

Studio

Commercial Property for sale in Lake Wales, FL

for $1,450,000. This 3,649 square foot building was built in 1988 on a lot size of 0.71.

Established and fully operating restaurant with good visibility from Hwy 27 and Hwy 60 in Lake Wales. The real estate and business are for sale.

Commercial Pending

Price

^$ 1,450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 10,329

Style

Restaurant

Lot Size

0.71

Year Built

1988

Town/City

Lake Wales

County/Region

Polk

MLS | Web ID

P4928315

Features

General

Sewer Public Sewer

Heating Central Building

Cooling Central Air

Utilities Public

Zoning C-3

Construction Materials Concrete

Year Built 1988

Property SubType Restaurant

Tax Year 2022

Percent Ownership Corporation

County Polk

New Construction No

Property Type Commercial Sale

Building Features Bathrooms Dumpsters Fencing

Status Pending

Directions From Lake Wales south of Hwy 60 head north on US Hwy 27 cross Hwy 60 bear right onto Central Avenue W and turn right.

City LAKE WALES

Buyer Agent Compensation 3.0%

MLS Area 33853 - Lake Wales South

Lot Size Units Square Feet

Lot Size Square Feet 31084

Waterfront Y/N No

Street Name Us Hwy 27

Tax Annual Amount 10329

Public Remarks Established and fully operating restaurant with good visibility from Hwy 27 and Hwy 60 in Lake Wales. The real estate and business are for sale.

Virtual Tour https://www.propertypanorama.com/instaview/stellar/P4928315

Days on Market 13

Living Area Units Square Feet

Standard Status Pending

Legal Description BEG 755.50 FT N & 361.57 FT W OF SE COR OF NE1/4 OF SE1/4 RUN W 52.54 FT N 01 DEG 47 MIN 18 SEC W 105.23 FT N 84 DEG 15 MIN 05 SEC W 152.54 FT TO U S HWY 27 SLY ALONG R/W 94.03 FT S ALONG R/W 95.49 F

Water Access Y/N No

Water View Y/N No

Exterior

Parking Features Over 30 Spaces

Water Source Public

Lot Size Area 31084

Foundation Details Slab

Number of Buildings 1

Building Area Total 4510

Lot Size Acres 0.71

Road Surface Type Asphalt

Road Frontage Type Highway

Interior

Total Stories 1

Air Conditioning Y/N Yes

Heating Y/N Yes

Total Baths 0

* Excluded Features

List By

Coldwell Banker Realty

Broker

michael@thenolengroup.com

Affordability Calculator

$10,498

Per Month

Monthly Principal & Interest: $9,637
Monthly Property Taxes: $861
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Lake Wales, FL

Average List Price ^$563,216

Percent of Sale Price 61%

About Lake Wales, FL

15,820 Population

28% Since 2002

^$38,450 Median Income

39.85 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

266288 Elementary School

265661 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/5/2023	$1,450,000		Listed Price

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19501 Us Hwy 27, Lake Wales, FL, 33853 is a Commercial Property for sale at $1,450,000 with 3,649 sqft and a lot size of 0.71. 19501 Us Hwy 27 is a studio with 0.0 baths and was built in 1988. The property's zip code is 33853 which is in Lake Wales, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information courtesy of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

Data is updated as of 6/3/2024.

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19501 Us Hwy 27

Commercial Property for sale in Lake Wales, FL

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