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Waller Grove Park I - Retail / Office

1415 Commercial Park Drive, Lakeland, Florida 33801
Sold: $709,000
Waller Grove Park I - Retail / Office

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
5,064 sqft
Land Size
0.34 acres
Zoning
PUD
Year Built
1973
Parking
20
Year Renovated
2005

Property Description

Waller Grove Park I is a 5,064 SF retail / office center centrally location in Lakeland FL. Right at US-98, across from the newly renovated Publix Grove shopping center and between Downtown Lakeland and Polk Parkway. The site has 20 parking spaces and zoned PUD (Office/Retail), corner property and fully renovated in 2005, this could fit either an owner user or investor.

There's 4 units, units between 850-1,750 SF, 2 units (2,450 SF) are currently leased either month-to-month or shorter term and 2 units (2,614 SF) are available to occupy for an owner-user with potential to occupy another 850 SF. As an investor, there's value-add as rates are below market rate, and possibility to split a unit to make it 5 units.

Located in Lakeland, FL, fastest growing city in the US and top cities to buy a home. Minutes away from Downtown Lakeland, Polk Parkway, and two of the largest college in Polk (Florida Southern College and Southeastern University, easy access to US-98 (39,500 AADT) with some limited frontage.

Location

Contact

Alex Delannoy
Alex Delannoy
The Ruthvens
Office: (863) 250-2502
[email protected]