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About This Home

This 0-bedroom, 0-bathroom commercial at 318 S 1st St in Lake Wales, FL is listed for $299,900 ($224 per sqft). Built in 1938, the home offers 1,336 sqft of living space on a 0.14 acres lot.

Agent Description

GREAT LOCATION! NEW ROOF 2025! SELLER FINANCING 20% DOWN! OFFICE/RESIDENTIAL OPTION! The property is zoned commercial and offers the option to convert the rear portion into a 1-bedroom residential unit (featuring a separate electric meter) ideal for mixed-use commercial and residential flexibility.

Exceptional Commercial Property, OFFICE WITH PRIVATE PARKING in the Heart of Downtown Lake Wales! This beautifully maintained 1,336 Sq Ft office building offers the perfect blend of charm, functionality, and unbeatable location. Nestled near shops, restaurants, and major highways, this versatile property is ideal for a boutique, childcare center, wellness spa, medical services, or professional office.

With a welcoming reception area, spacious kitchen, bathroom with shower, high-speed fiber optic internet, and ADA-compliant features including a handicap ramp and railings, it's designed for success. The property includes private parking for up to 5 vehicles, excellent street visibility, and convenient access with a turn lane.

Set on a 6,251 Sq Ft lot, this move-in-ready gem is your chance to secure a prime location for your business or investment portfolio in a thriving downtown area. Seller financing and private financing available. Seller financing available with 20% down payment, 10% interest, 10 year term, no prepayment penalty. Don't wait-schedule your private tour today and bring your vision to life! Seller financing available.

Key Features

  • Built in 1938
  • 0.14 acre lot

Property Details

1938

Monthly Cost Estimate

$1,604/mo

20% down · 6.5% · 30 years

Principal$217
Interest$1,300
Insurance$87

Estimates only. Actual payments may vary.

Location

318 S 1st St

Lake Wales, FL 33853

Property Details

Flooring

Tile

Construction

Stucco

Parking

Garage

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 318 S 1st St is listed at $299,900 ($224/sqft). The estimated monthly payment is $1,300 based on 20% down at 6.5% interest.

Key features include: Built in 1938, 0.14 acre lot.

This property is listed by Daniel Hut and can be reached at 8445044844 or team@hutteam.com.

DH

Daniel Hut

Agent at Hut Team Realty LLC

(844) 504-4844

Listed by Hut Team Realty LLC · View on Broker Site

MLS# 11682642· Source: listhub· Updated 60 days ago

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

318 S 1st St, Lake Wales, FL 33853

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