1604 OLIVE ST Lakeland, FL 33815
8,086 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
Square Footage 8,086 sqft
Price per Sqft $154
Subdivision Westgate Sub
MLS Listing ID L4964756
Construction Status Completed
HOA Y/N No
Year Built 1942
Annual Tax Amount $2,999
Lot Size 0.510 Acres
Acres 0.51
Property Sub-Type Warehouse
Source Stellar MLS
Property Description
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.
Location
State FL
County Polk
Community Westgate Sub
Area 33815 - Lakeland
Zoning I-1
Interior
Cooling Office Only
Flooring Carpet, Concrete
Exterior
Parking Features Ground Level
Community Features Sidewalks
Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected
View Y/N No
Water Access No
Roof Type Membrane,Metal
Exposure North
Building
Lot Description Corner Lot, Sidewalk, Street Lights, Paved
Story 1
Foundation Concrete Perimeter
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Concrete,Frame
New Construction false
Construction Status Completed
Others
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4964756
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