Commercial Sale · Mixed Use
101 CENTRAL AVENUE W, LAKE WALES, FL, 33853
Active246 days on marketListed Dec 4, 2025MLS #O6339017
About this property
The property at a glance
Prime Commercial Property in Lake Wales – Corner Lot – Two Lots! Excellent opportunity to own or lease a prime commercial property in Lake Wales! This property consists of two lots and is currently operating as a car dealership. Located on a high-traffic corner lot, it offers maximum visibility and easy access, making it ideal for a variety of businesses. Zoned C-2 Commercial, this property allows for multiple business opportunities, including auto sales, retail, office space, and more. With ample space and a strategic location, this is a rare investment opportunity that won’t last long. Don’t miss out on this high-potential commercial property—contact us today!
532
Building sq ft
$844
Price / sq ft
0.38
Lot acres
1959
Year built
1
Building
C-2
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$2,387/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
174
Population
33
Median age
3
Avg household
$98,300
Median home value
$998/mo
Median rent
20%
Households w/ kids
Consumer profile
Politically aware, this population is interested in civic issues on both the local and national level. They often discuss candidates for office, taxes, and political ideologies.
Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.
Passionate about all things hair, this population is talking about hair tutorials or the hottest celebrity blowout.
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
Making it to church on Sunday, this population is drawn together by their devotion to, primarily Christian, religion. Common activities include worship services and bible studies.
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Recent sales
What actually sold near 101 CENTRAL AVENUE W
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$240,000
240 S 1ST STREET
Sold May 21, 2025
$49,000
343 W CENTRAL AVENUE UNIT 207
1,280 sqft · $38/sqft · Sold Jun 20, 2025
$205,000
22 W POLK AVENUE
1,369 sqft · $150/sqft · Sold Jan 30, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 101 CENTRAL AVENUE W — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 101 CENTRAL AVENUE W.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of CHARLES RUTENBERG REALTY ORLANDO · Elizandra Aguiar. MLS #O6339017.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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