For Sale
$595,000

740 State Road 60 Lake Wales, FL 33853

Vacant Restaurant, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 3,006-square-foot vacant restaurant building presents a prime investment opportunity in Lake Wales, Florida. Situated on a 0.41-acre lot at 740 State Road 60, this single-story property boasts a prominent location with direct frontage along a major thoroughfare. Built in 1979, the property benefits from its position in the Lake Wales Plaza, an outparcel to a Save-A-Lot anchored plaza, enjoying a strong anchor tenant history since 1998. The high visibility location offers excellent access and ample parking, further enhanced by its proximity to the US 27 ramp, a high-traffic area with an Annual Average Daily Traffic (AADT) of 42,500 vehicles. State Road 60 itself sees an AADT of 28,000 vehicles, ensuring consistent exposure to potential customers. The asking price is $595,000, translating to $197.94 per square foot. The property's Parcel Number (APN) is 273003000000023010. This is a rare chance to acquire a well-positioned restaurant space in a thriving commercial area. The property is currently vacant, offering flexibility for a variety of restaurant concepts. Don't miss this opportunity to establish your business in a high-traffic location with strong visibility and established infrastructure.

Highlights

  • 3,006 SF vacant restaurant space.
  • Outparcel in Save-A-Lot anchored plaza with a strong, long-term anchor tenant (since 1998).
  • High visibility with direct frontage on State Road 60 (28,000 AADT).
  • Abundant parking available.
  • Convenient location off US 27 ramp (42,500 AADT).

Property Details for 740 State Road 60

Property type
Retail properties, Restaurants
Square Feet
3,006 SF
Year Built
1979
Stories
1
Lot Size (sq. ft)
17,860 SF

Location Insight

City
Lake Wales
County
Polk
State
Florida
Latitude
27.900143469805
Longitude
-81.605356783065

FAQs

What type of property is this?
Retail property - Vacant Restaurant, High Traffic Area
Where is the retail property located?
The property is located at 740 State Road 60 Lake Wales, FL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 3,006 SF vacant restaurant space.; Outparcel in Save-A-Lot anchored plaza with a strong, long-term anchor tenant (since 1998).; High visibility with direct frontage on State Road 60 (28,000 AADT).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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740 State Road 60
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