Price Reduction - Fixer Upper
Address
1165 S Lake Shore WAY, LAKE ALFRED, FL
Price
$ 325,000
Property Attributes
  • MLS#O6192334
  • TypeCommercial
  • CountyPOLK
  • CityLAKE ALFRED
  • AreaLake Alfred
  • NeighborhoodRochelle Terrace Rep
  • Zip33850
  • StyleMixed Use
  • Price$ 325,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1880
  • Lot Size0.6 Acres
Data Source:
Stellar MLS
Property Description

Prime Commercial Property with Untapped Potential Welcome to a great opportunity for savvy investors! This desirable over 0.5 acre corner lot is strategically located in a flourishing developing district, poised for exponential growth. With the Lake Alfred’s downtown redevelopment in full swing, this property offers exceptional potential for various commercial ventures. Key Features: Corner lot with high visibility and accessibility, 1 mile from Central Park. On high-traffic Lake Shore Blvd / 17-92 corridor with endless opportunities! Zoning: C-1 - Use: Neighborhood center, retail, office space, or mixed-use development, as well as residential. With ample parking space. Surrounded by a vibrant community and thriving businesses. Main building SFR is 1040 sf; Building Annex 840 sf and needs refurbishing. This building is not for lease. Building 1 needs TLC. Building 2 is fixer-upper, can be tailored to your liking. Information deemed reliable but not guaranteed. Parties are advised to verify. Across the street from Lake Rochelle Boat Ramp. Don’t miss out on the opportunity ensure you can take advantage of what this dynamic location has to offer. Contact us today to unlock the possibilities!

Price History
4/2/2024 Listed $349,900
6/3/2024 8% - $325,000

General Features

Sewer Septic Tank
Cooling Central Air
Roof Metal
Zoning C-1
Construction Materials Other
Year Built 1960
Levels One
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Other
County Polk
New Construction No
Property Type Commercial Sale
Subdivision Name ROCHELLE TERRACE REP
Building Features Bathrooms,Kitchen Facility
Other Structures Other
Status Active
Directions From Orlando Take I-4 WEST to County Road 557/Old Grade Rd in Polk County. Take exit 48 from I-4 W Continue on Co Rd 557. Drive to S Lake Shore Way in Lake Alfred. FROM TAMPA/LAKELAND take I-4 EAST
ModificationTimestamp 2024-05-31T20:22:39.493Z
City LAKE ALFRED
Buyer Agent Compensation 2.5%
View Y/N No
MLS Area 33850 - Lake Alfred
Lot Size Units Square Feet
Lot Size Square Feet 26323
Waterfront Y/N No
Additional Parcels Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6192334
Days on Market 59
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 4
Legal Description REPLAT OF BLOCKS 7 & 8 ROCHELLE TERRACE PB 31 PG 41 BLK 7 LOTS 4 & 5 LESS ST RD 600
Water Access Y/N No
Water View Y/N No

Interior Features

Total Stories 1
Air Conditioning Y/N Yes

Exterior Features

Parking Features 6 to 12 Spaces
Lot Features Corner Lot,City Lot
Lot Size Area 26323
Foundation Details Slab
Number of Buildings 2
Building Area Total 2430
Lot Size Acres 0.6
Road Surface Type Asphalt
Road Frontage Type County Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33850

Price
AVG $550K
$330K
Visits
AVG 132
73
Data Provided by Inside Real Estate®
Year Built
AVG 1975
1960

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