Memorial Blvd Commercial Building

1115 E Memorial Blvd Lakeland, FL 33801

1115 E Memorial Blvd, Lakeland, FL, 33801
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FOR SALE
Property Type:
Other Special Purpose
Amount:
$2,500,000
Last Verified:
Apr 03, 2024

Highlights

  • Traffic Count: 41,000 Cars per Day
  • LED Monument Signage
  • Assessed Taxes: $39,232.09 (2023)
  • Access easement in place grants access to Lake Parker Rd

Description

Explore the potential of this 37,358 ± SF commercial property in central Lakeland, Florida, along busy Memorial Boulevard. This trade area has seen recent growth and improvement including a multi-million dollar renovation of Sears Town, and a new self-storage facility under construction next door. Proximity to Lakeland Regional Hospital makes it an ideal choice for medical users interested in transforming the space into a sought-after medical office. The property is currently used as a religious facility, and could continue being used as such, or adapted for redevelopment for a school, medical office and clinic, or other commercial uses. Some of these uses may require a zoning and/or land use change through the City of Lakeland.

Lakeland, Florida is a vibrant community and a favorable market for a special purpose/church investor. Known for its rich history and charming downtown, Lakeland is home to a variety of cultural attractions, recreational parks, and dining destinations. The area's thriving economy and growing population make it an appealing location for a potential church investment. Nearby points of interest include the iconic Lake Mirror, the Polk Museum of Art, and the historic Lake Morton district. The bustling Memorial Blvd Commercial Building is conveniently located within reach of these attractions, making it an ideal hub for a special purpose investment in this dynamic and welcoming community.


Year Built: 1980
Building Size: 37358sq ft
Lot Size: 3.45 acres


Documents

Flyer

Map of 1115 E Memorial Blvd, Lakeland, FL, 33801

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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