3151 Canal ROAD Lake Wales, FL ^$ 195,950

3151 Canal ROAD

^$ 195,950

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3151 Canal ROAD

Lake Wales, FL, 33898

^$ 195,950

Studio Baths0.0 Sq 1,500

Monthly Estimate*

^$ 1,302

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3151 Canal ROAD, Lake Wales, FL 33898 - Image 8

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3151 Canal ROAD, Lake Wales, FL 33898 - Image 10

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Studio

Commercial Property for sale in Lake Wales, FL

for $195,950. This 1,500 square foot building was built in 1987 on a lot size of 0.76.

Great Investment Opportunity Fully Turnkey RESTAURANT For Sale -MOVE -IN READY. RARE OPPORTUNITY TO OWN ONE OF THE BEST AMERICAN RESTAURANTS IN THE CENTRAL FLORIDA AREA !!!! BUSINESS ESTABLISHED 15 PLUS YEARS AND HAS COMMITTED CLIENTS ALSO A GREAT OPPORTUNITY FOR INVESTORS ,substantial growth potential !!!! The business is family ran and Located in the heart of Central Florida. EQUIPMENT, FURNITURE AND RECIPES INCLUDED IN SALE AS WELL AS ESTABLISHED BRAND. This restaurant is a local favorite in Central Florida , directly across the street from Cherry Pocket . The restaurant offers takeout and dine-in. Owner offers to provide training after the sale. Priced to sell.

Commercial Active

Price

^$ 195,950

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,310

Style

Business

Lot Size

0.76

Year Built

1987

Town/City

Lake Wales

County/Region

Polk

MLS | Web ID

P4929154

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Utilities Public

Roof Shingle

Appliances Microwave Refrigerator

Construction Materials Block Concrete

Year Built 1987

Levels One

Property SubType Business

Tax Year 2023

Percent Ownership Sole Proprietor

County Polk

New Construction No

Property Type Commercial Sale

Building Features Bathrooms Kitchen Facility Seating

Status Active

Directions Continue onto FL-17 S/Lake Marie Blvd Turn left onto Lake Trask Rd Turn right at the 1st cross street onto Lake Mabel Loop Rd Turn left onto Canal Rd Turn left into parking lot. Directly across the s

City LAKE WALES

Buyer Agent Compensation 4%-$250

MLS Area 33898 - Lake Wales

Lot Size Square Feet 33001

Waterfront Y/N No

Street Name Canal

Listing Terms Cash Other

Tax Annual Amount 4310.34

Property Condition Completed

Public Remarks Great Investment Opportunity Fully Turnkey RESTAURANT For Sale -MOVE -IN READY. RARE OPPORTUNITY TO OWN ONE OF THE BEST AMERICAN RESTAURANTS IN THE CENTRAL FLORIDA AREA !!!! BUSINESS ESTABLISHED

Virtual Tour https://www.propertypanorama.com/instaview/stellar/P4929154

Days on Market 47

Standard Status Active

Legal Description COMM AT SW COR OF SEC RUN E 603.5 FT N 30 FT TO N R/W CANAL RD TO POB CONT N 165 FT E 200 FT S 165 FT W 200 FT TO POB

Water Access Y/N No

Water View Y/N No

Interior

Flooring Tile

Total Stories 1

Air Conditioning Y/N Yes

Heating Y/N Yes

Street Suffix ROAD

Total Baths 0

Living Area Units Square Feet

Exterior

Water Source Public

Lot Size Area 33001

Foundation Details Slab

Number of Buildings 1

Building Area Total 1200

Lot Dimensions 200 x 165

Lot Size Acres 0.76

Road Surface Type Asphalt Paved

Lot Size Units Square Feet

Road Frontage Type City Street

* Excluded Features

List By

Century 21 Myers Realty Haines City

Broker

revarealestate01@gmail.com

Affordability Calculator

$1,662

Per Month

Monthly Principal & Interest: $1,302
Monthly Property Taxes: $359
Monthly Home Insurance: --

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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 187%

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
2/10/2024	$195,950		Listed Price

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3151 Canal ROAD, Lake Wales, FL, 33898 is a Commercial Property for sale at $195,950 with 1,500 sqft and a lot size of 0.76. 3151 Canal ROAD is a studio with 0.0 baths and was built in 1987. The property's zip code is 33898 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 5/31/2024.

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3151 Canal ROAD

Commercial Property for sale in Lake Wales, FL

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