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114 W CENTRAL AVENUE

Commercial For Sale
$150,000

BTC: 2.29007634

ETH: 83.33333333

59 days
0 room(s)
1,674 sqft

Overview

The restaurant sits in the downtown district of Lake Wales This area is part of a historic commercial district with older buildings and local businesses Summary of Strengths High profit potential Low overhead (rent especially) Reasonable size

Location

Florida • LAKE WALES • 33853 • Commercial • For Sale

Details

Type:
Business Opportunity
Parking:
No Data
Year Built:
1953
Lot:
0.23 Acres
Heating:
No Data
Price/sqft:
$90
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$302,450
$174K – $462K
Confidence Low
List vs. estimate
$152K below estimate
List $150,000 · -50.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$89
-40.4% vs. city median $150
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,609
2025
All facts and features

  • Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 273002908000008070

    • Zoning: C-2

  • Type and style

    • Property Type: Business Opportunity

    • Property Sub Type: Restaurant

  • Other financial information

    • Annual tax amount: $3,610

  • Source details

    • MLS ID: O6395432

    Other facts

    • Construction Materials: Stucco

    • Living Area: 1674

    • Lot Size Dimensions: 100 x 98

    • Subdivision Name: CARY WALTERS SUB

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33853
134
median $239K
Active
Same city
LAKE WALES
695
median $199K
Active
Same type
Commercial
23
median $439K
Active
Similar price
$105K – $195K
131
median $155K
Active

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 CARIOTI