For Sale
$850,000

2425 Memorial BlvdLakeland, FL 33815

High-traffic corner lot, 2600 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
113
This 0.92-acre property, located at the highly visible northeast corner of Memorial Boulevard (25,000 vehicles per day) and Chestnut Road in Lakeland, Florida, presents a unique investment opportunity. The 2,600 square foot building, constructed in 1985, sits on a 40,024 square foot lot and is classified as a Class B retail space. Importantly, the property cannot be used as a gas station or convenience store. Its prime location offers excellent frontage and visibility on both streets, benefiting from its proximity to Interstate 4 (less than one mile east with a full interchange) and Kathleen High School (over 2,000 students). A prominent pylon sign on Memorial Boulevard enhances visibility. The asking price is $850,000, translating to $326.92 per square foot. The fee-simple ownership provides complete control and potential for diverse redevelopment options, given its strategic location and high traffic counts. The property's zoning and permitted uses should be independently verified. This presents a compelling opportunity for investors seeking a high-visibility retail space in a densely populated area with significant traffic flow. The property's past use as a gas station and convenience store does not restrict future uses, provided they comply with local zoning regulations.

Highlights

  • $850,000 asking price for this 2,600 square foot retail property.
  • Located at a signalized hard corner intersection.
  • Less than one mile from Interstate 4's full interchange.
  • Adjacent to Kathleen High School (2,000+ students).
  • Situated on a 0.92-acre lot with excellent visibility and access.

Property Details for 2425 Memorial Blvd

Property type
Retail properties, Gas stations
Square Feet
2,600 SF
Class
B
Year Built
1985

Location Insight

City
Lakeland
County
Polk
State
Florida
Latitude
28.054912044641
Longitude
-81.993989525668
2425 Memorial Blvd, Lakeland, Florida

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2425 Memorial Blvd
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