To schedule a showing of 518 E Memorial Boulevard, Lakeland, Florida, Call David Shippey at 863-521-4517 TODAY!

$559,000 | N/A beds | N/A full baths | N/A half baths | 4,130 sqft

$559,000 No Recent Price Change
518 E Memorial Boulevard
Lakeland, FL 33801
  • N/ABeds
  • 0.00Total Baths
  • 0 Full, 0 HalfBaths
  • 4,130SqFt
  • 1970Year Built
  • 0.43Acres
  • MLS# O6421987
  • Commercial
  • Business
  • Active

  • Approx Time on MarketN/A
  • Area33801 - Lakeland
  • CountyPolk
  • Subdivision Bon Air Add

Overview

Prime commercial opportunity in the heart of Lakeland`s rapidly evolving Memorial Boulevard corridor. Situated on E. Memorial Boulevard (US 92), this freestanding restaurant enjoys exceptional frontage, outstanding visibility, and exposure along one of the city`s busiest commercial thoroughfares. The Memorial Boulevard corridor is the focus of significant public and private investment aimed at attracting new businesses, revitalizing the area, and supporting continued economic growth. This approximately 4,130-square-foot turnkey restaurant is fully equipped for high-volume food service and offers everything needed to open or expand your business. The commercial kitchen features more than 20 gas burners, a full commercial hood and exhaust system, spacious food preparation areas, and oversized walk-in cooler and freezer. The sale includes the dining furniture and over $60,000 in restaurant equipment, providing substantial value and reducing startup costs. Guests and staff will appreciate approximately 43 parking spaces, with additional parking available on the adjacent parcel (Parcel ID 24-28-07-171000-005030). A recently installed HVAC system adds further value. The location is minutes from Downtown Lakeland, Lakeland Regional Health, Bonnet Springs Park, hotels, retail centers, government offices, and numerous established businesses. Convenient access to Lakeland Hills Boulevard, US 98, and I-4 provides connectivity to both the Tampa and Orlando metropolitan markets, making this an ideal destination for local customers and regional visitors alike. Whether you`re launching an independent concept, expanding an existing restaurant, or bringing a national franchise to Lakeland, this highly visible, fully equipped property presents a rare opportunity in one of Central Florida`s fastest-growing commercial corridors.



Agriculture / Farm

Association Fees / Info

Bathroom Info

Building Info

Roof:  Other, Shingle

Building Area Source:  PublicRecords

Business Info

Business Type:  Restaurant

Buyer Compensation

Exterior Features

Financial

Original Price:  $559,000

Garage / Parking

Green / Env Info

Interior Features

Floors:  Tile

Appliances:  Refrigerator

Lot Info

Direction Remarks:  From the surrounding Lakeland area, travel along E. Memorial Boulevard (US-92) toward downtown Lakeland. Continue on E. Memorial Boulevard until you reach 518 E. Memorial Hwy., Lakeland, FL 33801. The property is located on the right-hand side of the road, just east of N. Florida Avenue, making it easily accessible from the main roadway.

Number of Lots:  1

Lot Size Units:  Acres

Lot Size Acres:  0.43

Lot Sqft:  9,405

Road Frontage Type:  CityStreet

Other

Special Conditions:  None

Other Rooms Info

Property Info

Section:  07

Class Type:  Business

Property Sub Type:  Business

Construction Materials:  Brick, Block

Foundation:  Slab

Human Modified:  Yes

Sqft Info

Sqft:  4,130

Bulding Area Sqft:  4,912

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,025

Tax Lot:  4

Tax Legal Description:  BON AIR ADD PB 1 PGS 114 & 115 BLK 5 LOT 4 LESS HWY

Tax Block:  5

Tax Annual Amount:  3217

Tax Book Number:  1-114

Unit Info

Utilities / Hvac

Heating:  Central

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir

Cooling:  Yes

Heating:  Yes

Utilities:  ElectricityAvailable, NaturalGasAvailable, MunicipalUtilities, WaterConnected

Waterfront / Water

Directions

From the surrounding Lakeland area, travel along E. Memorial Boulevard (US-92) toward downtown Lakeland. Continue on E. Memorial Boulevard until you reach 518 E. Memorial Hwy., Lakeland, FL 33801. The property is located on the right-hand side of the road, just east of N. Florida Avenue, making it easily accessible from the main roadway.

This listing courtesy of Coldwell Banker Realty 

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On davidshippey.com since Fri, Jul 10th 2026
No Property History recorded for this listing.

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If you have any questions on 518 E Memorial Boulevard, Lakeland, Florida, please call David Shippey at 863-521-4517.


MLS# O6421987 located at 518 E Memorial Boulevard, Lakeland, Florida is brought to you by David Shippey REALTOR®

518 E Memorial Boulevard, Lakeland, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 518 E Memorial Boulevard, Lakeland, Florida is O6421987.
The price for 518 E Memorial Boulevard, Lakeland, Florida is $559,000.
The status of 518 E Memorial Boulevard, Lakeland, Florida is Active.
The subdivision of 518 E Memorial Boulevard, Lakeland, Florida is Bon Air Add.
The home located at 518 E Memorial Boulevard, Lakeland, Florida was built in 2026.