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Waller Grove Park I - Retail / Office

  SOLD February 2024 for $709,000

1415 Commercial Park Drive, Lakeland, Florida 33801


Building Size5,064 Square Feet
Land Size0.34 Acres
ZoningPUD
Parking20
Year Built1973
Year Renovated2005

Waller Grove Park I is a 5,064 SF retail / office center centrally location in Lakeland FL. Right at US-98, across from the newly renovated Publix Grove shopping center and between Downtown Lakeland and Polk Parkway. The site has 20 parking spaces and zoned PUD (Office/Retail), corner property and fully renovated in 2005, this could fit either an owner user or investor.

There's 4 units, units between 850-1,750 SF, 2 units (2,450 SF) are currently leased either month-to-month or shorter term and 2 units (2,614 SF) are available to occupy for an owner-user with potential to occupy another 850 SF. As an investor, there's value-add as rates are below market rate, and possibility to split a unit to make it 5 units.

Located in Lakeland, FL, fastest growing city in the US and top cities to buy a home. Minutes away from Downtown Lakeland, Polk Parkway, and two of the largest college in Polk (Florida Southern College and Southeastern University, easy access to US-98 (39,500 AADT) with some limited frontage.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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