16311 HWY 27, Lake Wales, FL 33859
16311 HWY 27, Lake Wales, FL 33859
16311 HWY 27, Lake Wales, FL 33859
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$2,250,000
Est. payment /mo
2,304 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,304 sqft

Price per Sqft $976

Subdivision Acreage

MLS Listing ID L4965194

HOA Y/N No

Year Built 1970

Annual Tax Amount $8,999

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Mixed Use

Source Stellar MLS

Property Description

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

Location

State FL

County Polk

Community Acreage

Area 33859 - Lake Wales

Zoning XX

Interior

Cooling Central Air

Exterior

View Y/N No

Water Access No

Building

Story 1

Foundation Concrete Perimeter

Lot Size Range 1 to less than 2

Structure Type Concrete

New Construction false

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing

Listing Terms Cash, Commercial Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4965194


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Stellar MLS
Listed by Gregory Karlson ADVANTAGE REALTY 1

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Steven Anderson

Steven Anderson

+1(863) 664-8900

Broker License ID: BK3525802

Broker License ID: BK3525802

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