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Historic Downtown Building/Business For SALE
222 & 224 E Stuart Ave, Lake Wales, Florida 33853 United States
Description
Two store fronts available. One side is in a 2 yr lease and is a thriving business (Polka Dots & Co Monogram, Inc) and is faithful with paying rent. The other side has been in business for the past 3 yrs and has decided to try to sell. Beans N Brushes is a sandwich/coffee shop with plenty of seating. They also do pottery painting and hosts many parties and individual projects. Fully equipped and set to run as a restaurant or bakery business. Approx. 2,000 squ feet for both sides with excellent store fronts, great windows. There are salons, banks, dr/dentist offices and other retail shops surrounding the building. Any downtown event is held on Stuart Ave, an awesome location.
The only reason I am personally trying to sell the building is b/c we decided to move to AL, we sold both our businesses which are still in the buidling. Otherwise, we would still own them and the building!
We paid $285,000 in a sloping economy. Since then, real estate has improved, yet we are asking $255,000 just to move it. Projected value by real estate agents will go up and over $300K in just a couple of yrs. Recent appraisal came back at $265K
More information will be available to interested buyers.
Price: | $255,000.00 |
Listing ID: | 2957 |
Map of: 222 & 224 E Stuart Ave, Lake Wales, Florida 33853 United States