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$475,000
Heckscher Second Add SubDv. ⋅ 33853 Zip Code
Position your business in the heart of Historic Downtown Lake Wales while enjoying the benefit of built-in investment income! Located on the prominent corner of Central Avenue and 1st Street, this approximately 4,100-square-foot multi-unit commercial building offers an exceptional opportunity for investors and owner-users alike. The property features three separate suites, with two suites currently under lease generating $2,250 per month in immediate rental income. Each suite has its own electric meter, providing convenience for both owners and tenants. The third suite is vacant and ready for your vision—perfect for an owner-occupied business, professional office, retail space, or an additional income-producing lease. One of this property’s standout features is its location—just one block from the iconic Walesbilt Hotel, where an extensive restoration is slated to begin this year. This highly anticipated redevelopment is expected to further energize Historic Downtown Lake Wales, making this an exciting opportunity to invest in an area positioned for continued growth and revitalization. As an added bonus, the property includes approximately 14 dedicated downtown parking spaces—a rare and highly desirable amenity that adds tremendous value for tenants, customers, and clients. Whether you’re looking to expand your investment portfolio, establish your business in a thriving downtown district, or capitalize on the flexibility of an income-producing property with owner-occupancy potential, this unique offering delivers approximately 4,100 square feet of opportunity in one of Lake Wales’ most desirable commercial locations.

1 W Central Avenue, Lake Wales
$139,900
2 Beds ⋅ 1 Baths ⋅ Heckscher Second Add SubDv. ⋅ 33853 Zip Code
Virtually Staged. MOVE-IN READY AND AFFORDABLE IN LAKE WALES! This beautifully updated 2-bedroom, 1-bath home combines modern finishes, low-maintenance living and a FULLY FENCED BACKYARD in a convenient Central Florida location. Whether you're searching for a first home, looking to downsize or considering an investment property, this home offers an excellent combination of comfort, functionality and value. Step inside to a bright, refreshed interior featuring luxury vinyl plank flooring throughout for a clean, modern look that's both attractive and easy to maintain. Updated lighting adds a contemporary touch, while the comfortable floor plan makes excellent use of the home's living space. The kitchen features a BRAND-NEW STOVE, abundant cabinet storage and generous counter space, providing plenty of room for everyday cooking and meal preparation. A dedicated INDOOR LAUNDRY ROOM adds convenience and additional functionality that's not always easy to find in a home at this price point. Outside, the FULLY FENCED BACKYARD creates your own private outdoor space with room for pets, grilling, entertaining, gardening or simply relaxing at home. Conveniently located in Lake Wales, you'll be just minutes from downtown shopping and dining, parks, schools, medical facilities and local attractions, with access to major roadways for travel throughout Central Florida. Historic Downtown Lake Wales and Bok Tower Gardens are also nearby, adding to the area's unique small-town appeal. With TWO BEDROOMS, luxury vinyl plank flooring, an updated interior, indoor laundry, fenced backyard and convenient location, this MOVE-IN READY Lake Wales home is a great opportunity for buyers looking for an affordable primary residence, low-maintenance home or investment property. Schedule your private showing and come see everything this charming home has to offer!

14 W Johnson Avenue, Lake Wales