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$52,248 Just Listed
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Property Description
Restaurant | Single tenant | 3,732 SqFt Building description For Lease - Turnkey Restaurant Space 253 E. Stuart Ave., Downtown Lake Wales, FL ±3,732 SF | Two Dining Rooms | Full Commercial Kitchen Property Overview Prime downtown restaurant space in the heart of the revitalized Lake Wales business district. Formerly an upscale restaurant, this beautifully designed property offers approximately 3,732 square feet with two spacious dining areas, a full-size commercial kitchen, and excellent visibility along E. Stuart Avenue. Ideal for a fine-dining, casual-upscale, or event-driven concept. Highlights ±3,732 SF of interior space Two separate dining rooms plus bar area Fully equipped commercial kitchen layout with hood and prep areas 2 Bathrooms Small office space Elegant existing build-out suitable for immediate occupancy Downtown Lake Wales location within walking distance to shops, cafés, and parks Excellent frontage and signage visibility Ample nearby public parking Downtown Lake Wales Revitalization The property is located within the Lake Wales Connected redevelopment zone-an ambitious city initiative transforming the downtown corridor with new streetscapes, wider sidewalks, improved lighting, and lush landscaping. Recent upgrades to Park Avenue and Market Plaza have created a vibrant, walkable destination that attracts locals and visitors alike. Adding to the momentum, new residential developments are underway nearby, bringing fresh housing and a growing customer base-perfect for restaurant or hospitality operators looking to capitalize on the district's resurgence. Ideal For Restaurant or bistro concept Brewpub or wine bar Location Advantages Central downtown location with strong local and tourist traffic Minutes from major thoroughfares (US-27 & SR-60) Surrounded by historic architecture, boutique retail, and civic investments Building highlights Built in 1919-20 and commissioned for $70,000 by pioneer developer Bernice K. Bullard, the Bullard Building established itself at the heart of Lake Wales' early commercial boom. Once called 'the architectural gem of Lake Wales,' the two-story masonry vernacular block at 239-257 E. Stuart Avenue housed a full suite of downtown services-from a drug store and barber shop to the U.S. Post Office and municipal offices above. Today, the building retains its original storefront rhythm, substantial street frontage and historic prestige, providing your new enterprise with both modern amenity and downtown identity.
Full Property Details
Full Property Details for 253 E Stuart Ave
General
- Price: $52,248
- Taxes: $5,636 (2025)
- Status: Active
- Type: Commercial Lease
- Source: MidFloridaRegionalMLS
- MLS ID: K4903355
- Updated: Today (3/19/2026)
- Added to Site: Today
Rental Information
- Lease/Rent Term: 3 to 5 Years
Location
- Area: 33853 - Lake Wales South
- County: Polk
- Development Name: 33853 - Lake Wales South
- Subdivision: BULLARD BLDG CONDO
- Driving Directions: From the intersection of Central and 1st St, go North on 1st St. Turn right on E Stuart Ave. Unit is toward the end of the street on the left.
Community
- Community Name: 33853 - Lake Wales South
Heating & Cooling
- Cooling Type: Central Air
Structural Information
- # Buildings: 1
- Exterior Const.: Concrete
- Square Feet: 3,732
- Year Built: 1988
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,326
- Lot Size: 2326
- Frontage: City Street
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $5,636
- Tax Year: 2025
Disclosures and Reports
- Legal Description: THE BULLARD BUILDING CONDOMINIUM OR 2592 PGS 1028 THRU 1064 & AMENDED IN OR 7765 PGS 1561-1566 UNIT 3 AND AN UNDIVIDED INTEREST IN THE COMMON ELEMENTS AS PER CONDO DECLARATION
- Flood Zone Info: X
- APN: 273002910033001030
- Property ID: 273002910033001030
Listed by Legacy Real Estate Center Inc
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Schools
Schools serving 253 E Stuart Ave
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Ben Hill Griffin Jr Elementary School 501 McLeod Road, Frostproof, FL 33843 | PK-5 | 10 mi |
Mclaughlin Middle School And Fine Arts Academy 800 South 4th Street, Lake Wales, FL 33853 | 6-8 | 0.9 mi |
Bartow Senior High School 1270 South Broadway Avenue, Bartow, FL 33830 | 9-12 | 15.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 253 E Stuart Ave
Date
Details
Price
Change
Source
3/19/2026
Listed
$52,248
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 253 E Stuart Ave
253 E Stuart Avenue, Lake Wales, FL 33853 (MLS# K4903355) is a Commercial Lease property. 253 E Stuart Avenue is currently listed for $52,248 and was received on March 19, 2026. Want to learn more about 253 E Stuart Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Lake Wales? You can browse all Lake Wales real estate or contact a Coldwell Banker agent to request more information.

