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1604 OLIVE STREET

Commercial For Sale
$1,250,000

BTC: 15.43209877

ETH: 510.41241323

1 days
0 room(s)
8,086 sqft

Overview

Excellent commercial/industrial opportunity in Central Lakeland! Located at 1604 Olive Street, this versatile 8,716-square-foot building sits on approximately 0.60 acres and offers a flexible layout suitable for a variety of commercial and industrial operations. The property features an impressive 25-foot ceiling height, loading dock, fenced outdoor storage, ample on-site parking, and newly installed interior LED lighting, along with convenient access to I-4 and surrounding Lakeland business corridors. The building offers a combination of expansive warehouse space and finished office areas, providing functionality for an owner-user or investor. Potential uses include warehouse, distribution, automotive, storage, or other general commercial operations, subject to verification of zoning and permitted uses. The interior photos also show large open warehouse areas with roll-up access and separate office/work spaces, giving the property plenty of flexibility for a variety of business needs. Adding immediate income potential, approximately 4,000 square feet is currently occupied by a month-to-month tenant paying $5,000 per month, while the remaining portion of the building is currently vacant. This arrangement creates an attractive opportunity for an owner-user seeking to offset occupancy costs, or an investor looking to lease the remaining space and increase the property’s income potential. With its combination of warehouse space, office space, outdoor storage, loading capabilities, parking, existing rental income, and a convenient Lakeland location, this property offers tremendous flexibility for investors and business owners alike.

Location

Details

Type:
Commercial Sale
Parking:
Ground Level
Year Built:
1942
Lot:
0.51 Acres
Heating:
No Data
Price/sqft:
$155
Cooling:
A/C - Office Only
HOA:
No Data

Highlights

Annual tax
$2,999
2025
All facts and features
  • Flooring

    • Carpet

    • Concrete

    Cooling

    • A/C - Office Only

  • Parking

    • Ground Level

    Lot

    • Lot: 0.51 Acres

    Other Property Information

    • Parcel Number: 232823100500008050

    • Zoning: I-1

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Warehouse

  • Utility

    • BB/HS Internet Capable

    • Electricity Available

    • Phone Available

    • Public

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,999

  • Source details

    • MLS ID: L4964756

    Other facts

    • Construction Materials: Concrete / Wood Frame

    • Foundation Details: Concrete Perimeter

    • Lot Features: Corner Lot / Sidewalk / Street Lights

    • Window Features: Blinds

    • Direction Faces: North

    • Living Area: 8086

    • Water Source: Public

    • Subdivision Name: WESTGATE SUB

Private inquiry
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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: CENTURY 21 MYERS REALTY