TotalCommercial.com
Improved Property

Restaurant Building with Duplex

521 W. Memorial Boulevard, Lakeland, Florida 33805

Sold: $200,000
$126.42 / SF
Updated Sep 30, 2026
Categories Retail Restaurant

About this property

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 details

Property Type
Improved property
Building Type
Freestanding
Building Size
1,582 sqft
Land Size
0.16 acres
Sewer
City
Water
City
Zoning
C-1
Electric
City
Year Built
1965
Roof
Flat
Parking
8 spaces
Construction
Block

Documents 1 file

521-W-Memorial-Blvd---Sale-Brochure.pdf 4.0 MB

Last updated: Sep 30, 2026

Location

Address
521 W. Memorial Boulevard
Lakeland, Florida 33805
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.