To schedule a showing of 114 W Central Avenue, Lake Wales, Florida, Call David Shippey at 863-521-4517 TODAY!

$550,000 Reduced -$50,000
114 W Central Avenue
Lake Wales, FL 33853
  • N/ABeds
  • 0.00Total Baths
  • 0 Full, 0 HalfBaths
  • 1,674SqFt
  • 1953Year Built
  • 0.23Acres
  • MLS# P4936164
  • Commercial
  • Business
  • Active

  • Approx Time on Market8 months, 25 days
  • Area33853 - Lake Wales South
  • CountyPolk
  • Subdivision Cary Walters Sub

Overview

EXCEPTIONAL OPPORTUNITY AWAITS to own this fully furnished and equipped restaurant located on a major thoroughfare into downtown Lake Wales, Florida. Business and building are included in the list price. The inviting dining area is spacious and furnished with attractive booth seating. All equipment conveys with the sale of the building consisting of commercial walk-in coolers, gas range, exhaust fan, fryers, stainless work stations, sinks, shelving and more! A privacy fenced back patio houses a storage building and provides a relaxing area for employees when on break. This known property has had a strong community presence with its beloved demographics for over 70 years. Dont overlook this tremendous opportunity to tap into the growing demand for eateries in this high traffic area of the downtown district. Lets Cook Up a Deal...Call today!



Agriculture / Farm

Association Fees / Info

Community Features:  StreetLights, Sidewalks

Bathroom Info

Building Info

Window Features:  DisplayWindows

Roof:  Membrane, Other

Building Area Source:  PublicRecords

Business Info

Business Type:  Restaurant

Buyer Compensation

Exterior Features

Financial

Original Price:  $600,000

Garage / Parking

Parking Features:  ParkingSpaces

Green / Env Info

Interior Features

Floors:  Concrete, CeramicTile

Appliances:  Refrigerator

Lot Info

Direction Remarks:  From US Hwy. 27 turn EAST on W Central Ave. that leads into downtown Lake Wales. The property is on the LEFT, corner of Phillips St. and Central Ave. W.

Lot Size Units:  Acres

Lot Size Acres:  0.23

Lot Sqft:  9,862

Road Frontage Type:  CityStreet, MainThoroughfare

Est Lotsize:  100x98

Lot Desc:  CentralBusinessDistrict, CityLot, NearPublicTransit

Other

Special Conditions:  None

Other Rooms Info

Property Info

Section:  02

Class Type:  Business

Property Sub Type:  Business

Construction Materials:  Block, VinylSiding, WoodFrame

Total Stories:  1

Foundation:  Slab

Human Modified:  Yes

Sqft Info

Sqft:  1,674

Bulding Area Sqft:  1,674

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,024

Tax Lot:  7

Tax Legal Description:  CARY WALTERS SUB PB 7 PG 5 BLK 8 LOTS 7 THRU 10

Tax Block:  8

Tax Annual Amount:  2843.18

Tax Book Number:  7-5

Unit Info

Utilities / Hvac

Heating:  Central, NaturalGas

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir

Cooling:  Yes

Heating:  Yes

Utilities:  ElectricityAvailable, NaturalGasAvailable, HighSpeedInternetAvailable, MunicipalUtilities, WaterConnected

Waterfront / Water

Directions

From US Hwy. 27 turn EAST on W Central Ave. that leads into downtown Lake Wales. The property is on the LEFT, corner of Phillips St. and Central Ave. W.

This listing courtesy of Coldwell Banker Realty 

Mortgage Calculator

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Price & Status History (on davidshippey.com since Tue, Sep 9th 2025)
  • Original Price: $600,000
  • Current Price: $550,000
  • Price Reduced: $50,000
Date ChangedFromTo
02/04/2026$600,000 $550,000 Reduced by $50,000

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If you have any questions on 114 W Central Avenue, Lake Wales, Florida, please call David Shippey at 863-521-4517.


MLS# P4936164 located at 114 W Central Avenue, Lake Wales, Florida is brought to you by David Shippey REALTOR®

114 W Central Avenue, Lake Wales, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 114 W Central Avenue, Lake Wales, Florida is P4936164.
The price for 114 W Central Avenue, Lake Wales, Florida is $550,000.
The status of 114 W Central Avenue, Lake Wales, Florida is Active.
The subdivision of 114 W Central Avenue, Lake Wales, Florida is Cary Walters Sub.
The home located at 114 W Central Avenue, Lake Wales, Florida was built in 2026.