Downtown Lakeland Mixed Use Building

230 N Kentucky Ave, Lakeland, FL 33801

  • For Sale $4,250,000
  • Property Type Office - General Office
  • Property Size 12,535 SF
  • Units 3
  • Lot Size 0.1 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 3
  • Building Class A
  • Year Built 1920
  • Year Renovated 2017
  • Date Updated Jan 8, 2025
Located in the colorful Historic District of Downtown Lakeland, this property is well positioned, enjoying walkable and active streets. Lakeland is about one hour southwest of Orlando and just over 45 ± minutes east of Tampa. Major thoroughfares in the area are State Road 33, Hwy 98, and I-4. Downtown Lakeland is described as a vibrant art scene, filled with beautiful parks and gardens to visit as well as delicious eateries to enjoy. Lakeland is also home to major corporations that often work together to support the community by a shared vision of growth and prosperity. Major employers include Publix Super Markets, Lakeland Regional Health, Polk County School district, Geico, and Saddle Creek Logistics Services.Unique opportunity to purchase this fully renovated (2017), historic, 12,535 SF freestanding mixed use building located in the center of downtown Lakeland's business and shopping district. This property is FULLY LEASED, with a well established retail store on the first floor, a nationally recognized firm on the 2nd floor, and residential tenant/owner on the third and fourth floors, who will consider a lease back. Long term triple net (NNN) leases are in place for the 1st and 2nd floors. Not only does this property generate considerable income, it provides an exceptional living experience. The luxury residence includes a three car garage on street level and a 4th floor she shed/man cave with prep kitchen and rooftop deck with hot tub - the perfect place to entertain and watch special downtown event fireworks from Lake Mirror. This is a remarkable opportunity to tap into one of the country's most desirable, fast growing communities.
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Highlights

  • 230 N Kentucky Ave, in downtown Lakeland, FL, is a fully fire sprinkled, recently built structure within the walls of a 1920 historic Lakeland building.
  • 12,535 SF / 4 floors / 4-stop elevator roof deck patio and kitchenette.
  • First floor - 2,500 SF in retail shop (Stationery Loft), includes 576 SF of shop storage area. The Tenant has 15+ years remaining on its 25 year NNN lease. The first floor also features a 3 car garage on trendy Trader's Alley for the private residence.

Contacts

broker

Saunders Real Estate

Location

Getting Around

  • Walk Score ®

    81/100 Very Walkable
  • Bike Score ®

    81/100 Very Bikeable
Powered by Walk Score ®
  • City Lakeland, FL
  • Neighborhood Downtown Lakeland
  • Zip Code 33801
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • Lakeland

    0.21 miles

  • 7-Eleven

    2.41 miles

  • Mobil

    2.44 miles

  • Speedway

    2.69 miles

  • BP

    3.47 miles

  • Lakeland Supercharger

    3.76 miles

  • Sam's Club Fueling Station

    3.82 miles

  • Exxon

    3.93 miles

  • Citgo

    4.84 miles

  • Parking Lot BB

    1.00 miles

  • Parking Lot R

    1.00 miles

  • Parking Lot B

    1.04 miles

  • Parking Lot C

    1.10 miles

  • Parking Lot J

    1.25 miles

  • Gow B. Fields Park & Ride

    2.69 miles

  • Visitor Parking

    6.02 miles

  • Adopotion Center Parking

    6.07 miles

  • Economy Parking

    9.47 miles

  • The Terrace Hotel

    0.17 miles

  • Hyatt Place

    0.50 miles

  • SpringHill Suites

    0.50 miles

  • America's Best Inn Lakeland

    0.65 miles

  • Relax Inn LAKELAND

    1.21 miles

  • Siesta Motel

    1.46 miles

  • Westmont Inn

    1.65 miles

  • Ramada

    2.72 miles

  • Howard Johnson Lakeland

    2.79 miles

  • TownePlace Suites Lakeland

    2.89 miles

  • Jimmy John's

    0.10 miles

  • Harry's

    0.14 miles

  • Restaurant 1961

    0.16 miles

  • Palace Pizza

    0.19 miles

  • The Back Nine

    0.21 miles

  • Bedrock Wings

    0.21 miles

  • Fresco's

    0.23 miles

  • Texas Cattle Company

    0.40 miles

  • McDonald's

    0.65 miles

  • Krystal

    0.71 miles

  • Lawton Chiles Middle Academy

    0.25 miles

  • Saint Joseph School

    0.34 miles

  • Cox School

    0.71 miles

  • Rosabelle W. Blake Academy

    0.85 miles

  • Olive Street Academy

    1.08 miles

  • Lime Street Elementary School

    1.09 miles

  • Florida Southern College

    1.14 miles

  • Central Avenue School

    1.22 miles

  • Lincoln Avenue School

    1.25 miles

  • Rochelle School of the Arts

    1.26 miles

Frequently Asked Questions

How much does Downtown Lakeland Mixed Use Building cost?

The space currently listed for sale at Downtown Lakeland Mixed Use Building asks for $4,250,000.

What is the total square footage of Downtown Lakeland Mixed Use Building?

Downtown Lakeland Mixed Use Building totals 12,535 square feet.

When was this property built?

Downtown Lakeland Mixed Use Building was built in 1920.

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Contact Listing Broker
broker

Saunders Real Estate