
$1,250,000
1604 Olive Street
Lakeland, FL 33815
Listing updated: September 2, 2026 at 3:18 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
Excellent commercial/industrial opportunity in Central Lakeland! Located at 1604 Olive Street, this versatile 8,716-square-foot building sits on approximately 0.60 acres and offers a flexible layout suitable for a variety of commercial and industrial operations. The property features an impressive 25-foot ceiling height, loading dock, fenced outdoor storage, ample on-site parking, and newly installed interior LED lighting, along with convenient access to I-4 and surrounding Lakeland business corridors. 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.
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 history1 days on market
- Status: ActiveSep 2, 2026
- Listed$1,250,000Sep 1, 2026
- Price increased$1,250,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Warehouse
- Status
- Active
- Days on market
- 1
- Subdivision
- Westgate Sub
- County
- Polk
- Year built
- 1942
- Living area
- 8,086 sq ft
- Price/sq ft
- $143
- Building area
- 8,716 sq ft (Public Records)
- Lot size
- 22,215 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- X (12105C0311G)
- Annual taxes
- $2,999 (2025)
- Parcel #
- 23-28-23-100500-008050
- Zoning
- I-1
- MLS #
- L4964756
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Interior Details
- Flooring
- Carpet, Concrete
- Direction faces
- North
Heating & Cooling
- Cooling
- Office Only
Parking
- Parking features
- Ground Level
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash
- Ownership
- Fee Simple
Exterior & Construction
- Construction materials
- Concrete, Frame
- Roof
- Membrane, Metal
- Foundation
- Concrete Perimeter
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected
Listing Details
- Listing date
- 2026-09-01
- On market date
- 2026-09-01
- Original list price
- $1,250,000
- MLS area
- 33815 - Lakeland
- Listing AOR
- East Polk
- Status changed
- 2026-09-02
- Tax legal description
- WESTGATE SUB PB 10 PG 23 BLK 8 LOTS 5 THRU 8 & THE NORTH 7.5 FT OF VACATED ALLEY LYING SOUTH OF ABOVE DESC and WESTGATE SUB PB 10 PG 23 BLK 8 LOTS 1 THRU 4 & LOT 40 & VACATED ALLEY LYING BETWEEN SAID LOTS
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
Heading South on Kathleen Road, take a right onto George Jenkins Blvd.Turn left onto Sloan Ave. At the traffic circle, take the 1st exit onto W Main St. W Main St turns slightly left and becomes S Central Ave. Turn right onto Olive St. Turn left onto Montana Ave. Destination will be on the left
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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 September 2, 2026 at 3:18 AM 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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