125 S Kentucky AvenueLakeland, FL 33801MLS Number O6125989

  • Sale Price: $1,200,000
  • 9 Days Since Sale
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Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
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125 S Kentucky Avenue Lakeland FL 33801
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  • 4,400Square Feet
  • 0.11Acreage
  • 1924Year Built
  • SoldMls Status
Incredible opportunity for an owner operator or investor to be right in the middle of downtown Lakeland's busy, Kentucky Ave. Currently operating as two separate entities - a quick service restaurant and micro brewery, each unit offers 2,200 square feet of tastefully finished space. The QSR owners plan to retire, and the micro brewery is on a month to month lease. The demising wall between the spaces can be removed or modified, creating potentially more space or continuing with current two tenant arrangement. The property is zoned C-7, City of Lakeland, and is on city water and sewer. There are four roof top air conditioning systems, all added within the past three year.s The QSR has a hood, and full inventory of equipment which may allow for a true turn key operation. Lakeland and Polk County are among the fastest growing cities and counties in the country. It's central location in Florida, on the I-4 corridor, the weather and business climate have allowed for tremendous growth. The City of Lakeland, and other business organizations within the City have been very invested in the downtown core, and the dividends have been endless, as restaurants, retail, hotels and public spaces have thrived.
Listed by Craig Morby of SVN SAUNDERS RALSTON DANTZLER (863-648-1528)

Listing Sold by FLORIDA REALTY INVESTMENTS

Driving Directions

Taylormade Properties, Inc.
Taylormade Properties, Inc.
9658 W. Linebaugh Ave.
Tampa, FL 33626

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More Info

Location Information

  • Road Frontage["Business District", "City Street", "Main Throrughfare"]

Basic Information

Property

  • Living Area 4400
  • ZoningC-7

Utilities

  • Cooling Central Air
  • Heating Central
  • Sewer Public Sewer
  • Utilities Public
  • Water Source Public

Basic Information

  • List Price$1,350,000
  • MLS NumberO6125989
  • Mls Status Sold
  • Sale Date09/15/2023
  • Sale Price$1,200,000
  • StatusSLD

Building

  • Building Area Source Public Records
  • Garage Spaces
  • RoofMembrane
  • Stories1
  • Year Built1924

Property Information

  • Acreage0.11
  • Construction Materials Block
  • Lot Size Dimensions 40.1x122
  • Lot Size Square Feet 4,879
  • MFR Adjoining Property Commercial
  • MFR Total Acreage 0 to less than 1/4
  • Property Condition Completed
  • Square Feet4,400

Tax Information

  • Tax Year 2022
  • Taxes$10,134

Parking

  • Parking Features Common

Location

  • Address125 S Kentucky Avenue
  • AreaLakeland
  • Building Number125
  • CountyPolk
  • StateFL
  • StreetKentucky
  • TownLakeland
  • Township 28
  • Zip33801

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No

Other

  • Date Listed07/13/2023
  • MFR Flood Zone Code x

Based on information submitted to StellarMLS as of September 24, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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