About This Home

This 0-bedroom, 0-bathroom commercial at 1604 OLIVE Street in Lakeland, FL is listed for $985,000 ($122 per sqft). Built in 1942, the home offers 8,086 sqft of living space on a 0.51 acres lot.

Key Features

  • Built in 1942
  • 0.51 acre lot

Property Details

1 story
1942
Listing 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.

Monthly Cost Estimate

$5,268/mo

20% down · 6.5% · 30 years

Principal$712
Interest$4,268
Insurance$287

Estimates only. Actual payments may vary.

Location

1604 OLIVE Street

Lakeland, FL 33815

WESTGATE SUB

Property Details

Flooring

CarpetConcrete

Construction

Concrete Frame

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1604 OLIVE Street is listed at $985,000 ($122/sqft). The estimated monthly payment is $5,268 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1942, 0.51 acre lot.

This property is listed by Tony Acosta.

TA

Tony Acosta

Agent at CENTURY 21 Myers Realty

Listed by CENTURY 21 Myers Realty · Broker phone: (863) 875-5656 · Broker website

MLS# L4964756· Source: Stellar MLS· 58 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1604 OLIVE Street, Lakeland, FL 33815

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