247 E STUART AVE, LAKE WALES, FL 33853

$399,000

Active · 141 days on market · MLS# MFRO6135812

Living area4,388 sq ft
Lot size0.06 acres
Year built1919
Property typeMixed Use
WaterfrontYes
Annual taxes$3,783
CountyPolk

About this home

Outstanding one of a kind retail and/or office space for sale in historic downtown Lake Wales. This two story, 4,388 SF building was a former dance studio, but could easily be turned into a mixed use facility, with retail on the ground floor, office on the second, or a combination of both. The building is part of the Bullard Building Condominium Association with annual fees of $13,276 covering roof, insurance, grounds, elevator and main building maintenance. The entry to the main floor has a traditional reception area, and a view to a unique staircase leading to the second floor. There is also an elevator to the second floor from the main office building entrance. There are offices, a dance studio, and two ADA bathrooms on the main floor. The second floor features beautiful original wood floors. It was used as the main dance studio, but is currently an open canvas. There are two large offices with windows looking onto Stuart St, measuring 15 x 10 and 18 x 15 respectively. Overlooking the staff kitchen area, closets, and two private offices. This could be an owner/user or investor play, as either floor can easily be leased, creating an investment opportunity for the entire building or just half. Zoning is DMU, Downtown Mixed Use, City of Lake Wales

Listing courtesy of Craig Morby, SVN SAUNDERS RALSTON DANTZLER REAL ESTATE. Presented by MC Homes Realty Inc · 727432218.

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