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253 E STUART AVENUE

For Sale
$52,248

BTC: 0.79767939

ETH: 29.02666667

74 days
0 room(s)
3,732 sqft

Overview

Restaurant | Single tenant | 3,732 SqFt Building description For Lease – Turnkey Restaurant Space 253 E. Stuart Ave., Downtown Lake Wales, FL ±3,732 SF | Two Dining Rooms | Full Commercial Kitchen Property Overview Prime downtown restaurant space in the heart of the revitalized Lake Wales business district. Formerly an upscale restaurant, this beautifully designed property offers approximately 3,732 square feet with two spacious dining areas, a full-size commercial kitchen, and excellent visibility along E. Stuart Avenue. Ideal for a fine-dining, casual-upscale, or event-driven concept. Highlights ±3,732 SF of interior space Two separate dining rooms plus bar area Fully equipped commercial kitchen layout with hood and prep areas 2 Bathrooms Small office space Elegant existing build-out suitable for immediate occupancy Downtown Lake Wales location within walking distance to shops, cafés, and parks Excellent frontage and signage visibility Ample nearby public parking Downtown Lake Wales Revitalization The property is located within the Lake Wales Connected redevelopment zone—an ambitious city initiative transforming the downtown corridor with new streetscapes, wider sidewalks, improved lighting, and lush landscaping. Recent upgrades to Park Avenue and Market Plaza have created a vibrant, walkable destination that attracts locals and visitors alike. Adding to the momentum, new residential developments are underway nearby, bringing fresh housing and a growing customer base—perfect for restaurant or hospitality operators looking to capitalize on the district’s resurgence. Ideal For Restaurant or bistro concept Brewpub or wine bar Location Advantages Central downtown location with strong local and tourist traffic Minutes from major thoroughfares (US-27 & SR-60) Surrounded by historic architecture, boutique retail, and civic investments Building highlights Built in 1919–20 and commissioned for $70,000 by pioneer developer Bernice K. Bullard, the Bullard Building established itself at the heart of Lake Wales’ early commercial boom. Once called ‘the architectural gem of Lake Wales,’ the two-story masonry vernacular block at 239-257 E. Stuart Avenue housed a full suite of downtown services—from a drug store and barber shop to the U.S. Post Office and municipal offices above. Today, the building retains its original storefront rhythm, substantial street frontage and historic prestige, providing your new enterprise with both modern amenity and downtown identity.

Location

Details

Type:
Commercial Lease
Parking:
No Data
Year Built:
1988
Lot:
0.05 Acres
Heating:
No Data
Price/sqft:
$14
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$5,636
2025
All facts and features
  • Cooling

    • Central Air

  • Lot

    • Lot: 0.05 Acres

    Other Property Information

    • Parcel Number: 273002910033001030

  • Type and style

    • Property Type: Commercial Lease

    • Property Sub Type: Restaurant

  • Other financial information

    • Annual tax amount: $5,636

  • Source details

    • MLS ID: K4903355

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Living Area: 3732

    • Subdivision Name: BULLARD BLDG CONDO

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LEGACY REAL ESTATE CENTER INC