1604 OLIVE ST, LAKELAND, FL, 33815
$1,250,000
Commercial Sale
Living Area
8,086 Sqft
Lot Size
22,215 Sqft
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.
Property Details
Property Features Property Features
MLS ID: MFRL4964756 Year Built: 1942
Building Features: Bathrooms, Extra Storage, Fencing, High Bays, Loading Dock, Outside Storage, Overhead Doors, Reception, Waiting Room Community Features: Sidewalks
Construction Materials: Concrete, Frame Cooling: Office Only
Country: US County Or Parish: Polk
Direction Faces: North Flooring: Carpet, Concrete
Foundation Details: Concrete Perimeter Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash Lot Features: Corner Lot, Sidewalk, Street Lights, Paved
Parking Features: Ground Level Possession: Close Of Escrow
Property Condition: Completed Property Sub Type: Warehouse
Property Type: Commercial Sale Road Frontage Type: City Street, Divided Highway
Road Surface Type: Paved Roof: Membrane, Metal
Sewer: Public Sewer Showing Requirements: Call Before Showing, Call Listing Agent
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected
Vegetation: Oak Trees Water Source: Public
Window Features: Blinds
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