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518 E Memorial Boulevard , Lakeland, FL 33801

$559,000
  • 518 E Memorial Boulevard , Lakeland, FL 33801 Main Photo

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New to the Market Active
SQUARE FEET4,912 MLS#O6421987
STATUSActive PROPERTY TYPECommercial - SUBDIVISIONBON AIR

Property Description

Prime commercial opportunity in the heart of Lakeland's rapidly evolving Memorial Boulevard corridor. Situated on E. Memorial Boulevard (US 92), this freestanding restaurant enjoys exceptional frontage, outstanding visibility, and exposure along one of the city's busiest commercial thoroughfares. The Memorial Boulevard corridor is the focus of significant public and private investment aimed at attracting new businesses, revitalizing the area, and supporting continued economic growth. This approximately 4,130-square-foot turnkey restaurant is fully equipped for high-volume food service and offers everything needed to open or expand your business. The commercial kitchen features more than 20 gas burners, a full commercial hood and exhaust system, spacious food preparation areas, and oversized walk-in cooler and freezer. The sale includes the dining furniture and over $60,000 in restaurant equipment, providing substantial value and reducing startup costs.Guests and staff will appreciate approximately 43 parking spaces, with additional parking available on the adjacent parcel (Parcel ID 24-28-07-171000-005030). A recently installed HVAC system adds further value.The location is minutes from Downtown Lakeland, Lakeland Regional Health, Bonnet Springs Park, hotels, retail centers, government offices, and numerous established businesses. Convenient access to Lakeland Hills Boulevard, US 98, and I-4 provides connectivity to both the Tampa and Orlando metropolitan markets, making this an ideal destination for local customers and regional visitors alike. Whether you're launching an independent concept, expanding an existing restaurant, or bringing a national franchise to Lakeland, this highly visible, fully equipped property presents a rare opportunity in one of Central Florida's fastest-growing commercial corridors.

518 E Memorial Boulevard | MLS# O6421987

This commercial property located at 518 E Memorial Boulevard , Lakeland, FL 33801 is currently listed for sale with an asking price of $559,000. Search Lakeland real estate on bnorwood.floridaexecutiverealty.com today.

Property Features

Property Type: Commercial -
Cooling: Central Air
Heating: Central
Lot Size: 0.43 Acres
Roof Type: Other, Shingle
Taxes: $3,217
Year Built: 1970

Feature Descriptions

Appliances: Refrigerator
Directions: From the surrounding Lakeland area, travel along E. Memorial Boulevard (US-92) toward downtown Lakeland. Continue on E. Memorial Boulevard until you reach 518 E. Memorial Hwy., Lakeland, FL 33801. The property is located on the right-hand side of the road
Exterior: Block, Brick
Flood Zone Code: X
Flooring: Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing
Lot Dimensions: 0.43
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Restaurant
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, ShowingTime
Special Sale Provisions: None
Utilities: Electricity Available, Natural Gas Available, Public, Water Connected
Water: Public
Water Access Y/N: No
Zoning: C-2

Listed By / Shown By

Listed By

Agency Name: COLDWELL BANKER REALTY
Agency Contact: 407-647-1211

Shown By

Agent Name: Billy Norwood
Agent Phone: Cell: (727) 458-4154
Agency Title: Florida Executive Realty

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