
$440,000
101 Central Avenue
Lake Wales, FL 33853
Listing updated: August 25, 2026 at 3:40 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Prime Commercial Property in Lake Wales – Corner Lot – Two Lots! Excellent opportunity to own or lease a prime commercial property in Lake Wales! This property consists of two lots and is currently operating as a car dealership. Located on a high-traffic corner lot, it offers maximum visibility and easy access, making it ideal for a variety of businesses. Zoned C-2 Commercial, this property allows for multiple business opportunities, including auto sales, retail, office space, and more. With ample space and a strategic location, this is a rare investment opportunity that won’t last long. Don’t miss out on this high-potential commercial property—contact us today!
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history250 days on market
- Status: ActiveJun 16, 2026
- Listed$649,000Dec 4, 2025
- Price reduced$440,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Mixed Use
- Status
- Active
- Days on market
- 250
- Subdivision
- Magnolia Park Sub
- County
- Polk
- Year built
- 1959
- Living area
- 532 sq ft
- Price/sq ft
- $827
- Lot size
- 16,614 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- x
- Annual taxes
- $2,500 (2024)
- Parcel #
- 27-30-02-905500-001010
- Zoning
- C-2
- MLS #
- O6339017
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Heating & Cooling
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Other
Exterior & Construction
- Construction materials
- Block
- Foundation
- Basement
- Road surface
- Asphalt
Listing Details
- Listing date
- 2025-12-02
- On market date
- 2025-12-04
- Original list price
- $649,000
- MLS area
- 33853 - Lake Wales South
- Listing AOR
- Orlando Regional
- Status changed
- 2026-06-16
- Tax legal description
- MAGNOLIA PARK SUB PB 5 PG 21 BLK A LOTS 1 & 3
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Head toward Central Avenue in downtown Lake Wales. If you're coming from US-27, take E Stuart Ave or W Polk Ave toward downtown. Turn onto 1st Street N and then onto W Central Avenue. 101 W Central Avenue will be on your right or left (depending on your direction).
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of August 25, 2026 at 3:40 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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