16311 Hwy 27, FL
Stellar MLS
1 / 1

$2,250,000

16311 Hwy 27Lake Wales, FL 33859

Listing updated: October 16, 2026 at 10:27 PM ET

Active
Stellar MLSListing courtesy of Advantage Realty 1 · Gregory Karlson · MLS #L4965194 · Active · 863-386-1111
0
Baths
2,304
Sq Ft
1
Acres
1970
Built
◆1 acres◆$977/sqft◆360° tour
Mixed Use

Property type

1970

Year built

43,560 sqft

Lot size

$977

Price / sq ft

No HOA

HOA dues

230

Days on market

X

Flood zone

About this home

HIGH-VISIBILITY US HWY 27 C-STORE + BUSINESS + REAL ESTATE — MAJOR UPSIDE POTENTIAL Excellent opportunity to acquire an established convenience store, fuel operation, and real estate positioned directly on US Highway 27 in Lake Wales, near the Longleaf Business/Industrial area and the growing South Lake Wales commercial corridor. The offering includes the operating business and real estate, with seller-reported convenience-store sales of approximately $55,000 per month, plus approximately 25,000 gallons of gasoline/diesel volume per month. This existing operation provides a foundation for an owner/operator or investor seeking to reposition and expand a strategically located highway property. The property's real potential may be in its future redevelopment and expansion possibilities. A buyer could explore modernization of the existing store and fuel operation, potential branded fuel and/or quick-service restaurant concepts, and the addition of a modern car wash, subject to franchise approval, zoning, permitting, and other applicable requirements. Seller represents that the underground fuel tanks are currently compliant; buyer should independently verify all environmental, regulatory, and equipment matters during due diligence. The property is located along the heavily traveled US 27 corridor, with convenient access to nearby industrial and commercial activity. As additional businesses and industrial users locate in the South Lake Wales area, this site offers an opportunity to serve employees, commercial traffic, local residents, and highway travelers. Purchase the business and real estate with approximately 1 acre, or inquire about the potential acquisition of additional surrounding acreage (approximately 4.5 acres) for a larger commercial vision. Additional land could create opportunities to explore truck-oriented services, expanded fueling, truck parking, scales, food service, car/truck wash facilities, or other highway-commercial uses, subject to governmental approvals. This is more than the purchase of an existing C-store—it is an opportunity to control a strategically positioned US 27 commercial site with an established business today and multiple potential avenues for future expansion. Business + Real Estate | US Hwy 27 Frontage | Existing Fuel Sales | Established C-Store | Expansion Potential | Additional Acreage Potentially Available

Estimated monthly payment

Principal & interest$11,377
Property taxes$750
Home insurance (est.)$1,031

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 history230 days on market

  1. Status: Active
    Oct 16, 2026
  2. Listed$2,250,000
    Oct 16, 2026

Facts & features

Property type
Commercial Sale
Sub type
Mixed Use
Status
Active
Days on market
230
Cumulative DOM
230
Subdivision
Acreage
County
Polk
Year built
1970
Living area
2,304 sq ft
Price/sq ft
$977
Lot size
43,560 sq ft
Lot category
1 to less than 2
Flood zone
X
Annual taxes
$8,999 (2025)
Parcel #
27-30-23-000000-023060
Zoning
XX
MLS #
L4965194

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Heating & Cooling

Cooling
Central Air

HOA & Financial

Total monthly fees
None
Total annual fees
None
Listing terms
Cash, Commercial Financing
Ownership
Fee Simple

Exterior & Construction

Construction materials
Concrete
Foundation
Concrete Perimeter
Road surface
Paved

Listing Details

Listing date
2026-10-16
On market date
2026-10-16
Original list price
$2,250,000
MLS area
33859 - Lake Wales
Listing AOR
Lakeland
Status changed
2026-10-16
Tax legal description
N 600 FT OF NW1/4 OF SE1/4 LYING E OF SR 25

Flood risk

Minimal riskFEMA Zone X

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

From US 27 and Hammock, Head North on 27 heading towards Lake Wales, destination will be on the right.

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MLS GRID

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 October 16, 2026 at 10:27 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.

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