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125 S KENTUCKY AVENUE

Commercial Recently Sold
$1,200,000

BTC: 19.04761905

ETH: 687.28522337

Sold on: 2023-09-15
17 days
0 room(s)
4,400 sqft

Overview

Incredible opportunity for an owner operator or investor to be right in the middle of downtown Lakeland's busy, Kentucky Ave. Currently operating as two separate entities - a quick service restaurant and micro brewery, each unit offers 2,200 square feet of tastefully finished space. The QSR owners plan to retire, and the micro brewery is on a month to month lease. The demising wall between the spaces can be removed or modified, creating potentially more space or continuing with current two tenant arrangement. The property is zoned C-7, City of Lakeland, and is on city water and sewer. There are four roof top air conditioning systems, all added within the past three year.s The QSR has a hood, and full inventory of equipment which may allow for a true turn key operation. Lakeland and Polk County are among the fastest growing cities and counties in the country. It's central location in Florida, on the I-4 corridor, the weather and business climate have allowed for tremendous growth. The City of Lakeland, and other business organizations within the City have been very invested in the downtown core, and the dividends have been endless, as restaurants, retail, hotels and public spaces have thrived.

Location

Details

Type:
Commercial Sale
Parking:
Common
Year Built:
1924
Lot:
0.11 Acres
Heating:
Central
Price/sqft:
$307
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$10,134
2022
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

  • Parking

    • Common

    Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 242818201000018143

    • Zoning: C-7

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $10,135

  • Source details

    • MLS ID: O6125989

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Living Area: 4400

    • Water Source: Public

    • Lot Size Dimensions: 40.1 x 122

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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: SVN SAUNDERS RALSTON DANTZLER