541 Florida Ave Lakeland, FL 33801

This exceptional property in Lakeland, Florida, presents a unique investment opportunity. The complex comprises two buildings totaling 27,300 square feet on a 1.06-acre lot, with 40 parking spaces. Building 1, a 14,300 square foot historic church, features exquisite stained-glass windows and a pipe organ. Building 2 currently operates as a medical clinic. The property boasts a 30-foot ceiling height, one loading dock, and is zoned I-1. Built in 1925 and renovated in 2015, the property includes upgraded fencing and paved parking across two parcels. The seller will contribute to renovations. Located in the Dixieland Community Redevelopment Area, the property is eligible for various grants due to its historic landmark status. The property offers significant redevelopment potential, including residential conversion, and benefits from high visibility on a main Lakeland road. Air rights are available, offering potential lake views. The asking price is $4,750,000, with a price per unit of $2,375,000. The APN is 23-28-24-119000-005050.