1604 OLIVE ST, Lakeland, FL 33815
1604 OLIVE ST, Lakeland, FL 33815
1604 OLIVE ST, Lakeland, FL 33815
1604 OLIVE ST, Lakeland, FL 33815
1604 OLIVE ST, Lakeland, FL 33815
1604 OLIVE ST, Lakeland, FL 33815

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Additional details
$ 985,000
Est. payment | /mo

8,086 SqFt


$ 985,000
Est. payment | /mo

8,086 SqFt

Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

Square Footage 8,086 sqft

Price per Sqft $121

Subdivision Westgate Sub

MLS Listing ID L4964756

Construction Status Completed

HOA Y/N No

Year Built 1942

Annual Tax Amount $2,999

Lot Size 0.510 Acres

Acres 0.51

Property Sub-Type Warehouse

Source Stellar MLS

Property Description

Excellent commercial/industrial opportunity in Central Lakeland! Located at 1604 Olive Street, this versatile 8,716-square-foot building sits on approximately 0.60 acres and offers a flexible layout suitable for a variety of commercial and industrial operations. The property features an impressive 25-foot ceiling height, loading dock, fenced outdoor storage, ample on-site parking, and newly installed interior LED lighting, along with convenient access to I-4 and surrounding Lakeland business corridors.

The building offers a combination of expansive warehouse space and finished office areas, providing functionality for an owner-user or investor. Potential uses include warehouse, distribution, automotive, storage, or other general commercial operations, subject to verification of zoning and permitted uses. The interior photos also show large open warehouse areas with roll-up access and separate office/work spaces, giving the property plenty of flexibility for a variety of business needs.

Adding immediate income potential, approximately 4,000 square feet is currently occupied by a month-to-month tenant paying $5,000 per month, while the remaining portion of the building is currently vacant. This arrangement creates an attractive opportunity for an owner-user seeking to offset occupancy costs, or an investor looking to lease the remaining space and increase the property's income potential.

With its combination of warehouse space, office space, outdoor storage, loading capabilities, parking, existing rental income, and a convenient Lakeland location, this property offers tremendous flexibility for investors and business owners alike.

Location

State FL

County Polk

Community Westgate Sub

Area 33815 - Lakeland

Zoning I-1

Interior

Cooling Office Only

Flooring Carpet, Concrete

Exterior

Parking Features Ground Level

Community Features Sidewalks

Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected

View Y/N No

Water Access No

Roof Type Membrane,Metal

Exposure North

Building

Lot Description Corner Lot, Sidewalk, Street Lights, Paved

Story 1

Foundation Concrete Perimeter

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Concrete,Frame

New Construction false

Construction Status Completed

Others

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4964756

Stellar MLS
Listed by Tony Acosta CENTURY 21 MYERS REALTY

NEARBY SCHOOLS & PROPERTIES

Round Table Realty

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1637 Racetrack Rd, Jacksonville, FL 32259

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