• Restaurant Building with Duplex - 521 W Memorial Blvd, Lakeland, FL 33815

For Sale

Retail

For Sale

This property is available for sale
0.16
Acres
$225,000
Sale Price
  • Year Built
    1965
  • Total Building Size
    1,582 RSF
  • Overview

    Located near Downtown Lakeland, near the medical district and sports facilities.  Daily traffic count along Memorial Boulevard is over 29,000 vehicles.  The site is 0.6 mile from Bryant Stadium (football and soccer) and Henley Field (baseball), about 1 mile to the Hospital and Downtown and 2.5 miles from Interstate-4. This restaurant is centrally located in Lakeland on the high-traffic corridor of Memorial Boulevard less than a mile from Lakeland Regional Hospital and Downtown. Corner lot with high visibility signage and 8 private parking spaces. Includes a separate duplex building with 2 residential studio units. Incentives are available through the city and located in Opportunity Zone. The restaurant building is 832 SF and contains a lobby/seating area with tables and chairs, security camera system, cashier area, 2 drink coolers, 2 food warmers, cleaning sinks, sanitation station and 2 restrooms. The duplex is 750 SF total, each studio unit has a living room, kitchen and bathroom. The restaurant and the duplexes are vacant. The property could also be used as an office or redeveloped as all non-utilities impact fees are waived. Current zoning is C-1 in the City of Lakeland.

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Property Details

Located near Downtown Lakeland, near the medical district and sports facilities.  Daily traffic count along Memorial Boulevard is over 29,000 vehicles.  The site is 0.6 mile from Bryant Stadium (football and soccer) and Henley Field (baseball), about 1 mile to the Hospital and Downtown and 2.5 miles from Interstate-4. This restaurant is centrally located in Lakeland on the high-traffic corridor of Memorial Boulevard less than a mile from Lakeland Regional Hospital and Downtown. Corner lot with high visibility signage and 8 private parking spaces. Includes a separate duplex building with 2 residential studio units. Incentives are available through the city and located in Opportunity Zone. The restaurant building is 832 SF and contains a lobby/seating area with tables and chairs, security camera system, cashier area, 2 drink coolers, 2 food warmers, cleaning sinks, sanitation station and 2 restrooms. The duplex is 750 SF total, each studio unit has a living room, kitchen and bathroom. The restaurant and the duplexes are vacant. The property could also be used as an office or redeveloped as all non-utilities impact fees are waived. Current zoning is C-1 in the City of Lakeland.

  • Property Type
    Retail
  • Year Built
    1965
  • Sale Price
    $225,000
  • Total Building Size
    1,582RSF
  • Total Acres
    0.16
  • Sale Status
    Available
  • Property ID
    2165993

Landlord's Sales Representative

  • Alex Delannoy
    Tru Agent Real Estate