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Property Search/LAKE WALES/HECKSCHER SECOND ADD
ActiveNew · today
$475,000

1 W CENTRAL AVELAKE WALES, FL 33853HECKSCHER SECOND ADD · Mixed Use

4,135Sq ft
0.22 acLot
1935Built

About this home

Position your business in the heart of Historic Downtown Lake Wales while enjoying the benefit of built-in investment income! Located on the prominent corner of Central Avenue and 1st Street, this approximately 4,100-square-foot multi-unit commercial building offers an exceptional opportunity for investors and owner-users alike. The property features three separate suites, with two suites currently under lease generating $2,250 per month in immediate rental income. Each suite has its own electric meter, providing convenience for both owners and tenants. The third suite is vacant and ready for…

Description as provided by the listing brokerage.

Open houses

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The details

StatusActive
MLS #MFRK4903636
Property typeMixed Use
Year built1935
Lot size0.22 ac
Living area4,135 sq ft
Price per sq ft$115
Taxes$8,102 (2025)
Stories1
Days on market0
CountyPolk
Flood zoneX (verify)
ListedJul 13, 2026

Features & property details

Interior

CoolingCentral Air
HeatingCentral

Exterior & lot

Lot featuresCentral Business District, Corner Lot
Road surfaceAsphalt

Construction

ConstructionBlock
FoundationSlab
RoofOther
Living area sourcePublic Records
Building area (sq ft)4,135

Parking

Parking featuresOther

Pool & water

Waterfront feet0

Community & HOA

Total monthly fees$0
Total annual fees$0

Building

Units in building3

Utilities & efficiency

SewerPublic Sewer
Water sourcePublic

Financial & terms

Tax year2,025
Listing termsCash, Commercial Financing
OwnershipFee Simple
Special conditionsNone
ZoningC-1
MLS area33853 - Lake Wales South

Where it sits

Approximate location shown. Exact address available on request per listing brokerage.

Where you'd be
HECKSCHER SECOND ADD, Florida

LAKE WALES · Polk County

MLS# MFRK4903636Listing courtesy of LEGACY REAL ESTATE CENTER INCLast updated Jul 16, 2026, 1:33 AM
$475,0001 W CENTRAL AVE · LAKE WALES
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