244 Park Avenue
Brokerage Office: 863-676-0200
244 Park Avenue, LAKE WALES, FL 33853
  • MLS#: K4903016 ( Commercial Sale )
  • Street Address: 244 Park Avenue
  • Viewed: 27
  • Price: $1,650,000
  • Price sqft: $195
  • Waterfront: No
  • Year Built: 1915
  • Bldg sqft: 8480
  • Days On Market: 10
  • Additional Information
  • Geolocation: 27.9025 / -81.5872
  • County: POLK
  • City: LAKE WALES
  • Zipcode: 33853
  • Subdivision: Lake Wales
  • Provided by: LEGACY REAL ESTATE CENTER INC
  • Contact: Dolores Vogel
  • 863-676-0200
  • mfrmls
  • DMCA Notice
  • Description
    Truly rare opportunity to own a piece of Lake Wales History and the painstaking task of historic preservation has already been done! Built in 1915, the J.T. Rhodes Building was one of the first two brick and mortar buildings in Lake Wales. The City owes its origin to the building, where the villagers gathered upstairs in what was then the Masonic Hall on the night of April 27, 1917 to sign a petition to the Legislature for the issuance of a city charter. The Legislature responded by incorporating the City, whose charter was signed into law by Governor Sidney J. Catts on May 28, 1917. This amazing piece of architecture is home to one of the few mixed use buildings in downtown. Downstairs are 2 commercial suites, with long term tenants in place! Upstairs you will find 4 well appointed and thoughtfully designed apartments! All of the apartments have in unit laundry, modern kitchens with all new appliances, original hardwood flooring, timeless baths, spacious rooms and high ceilings... all while maintaining the historic character & charm! The completion of this building is perfectly timed with the revitalization of downtown Lake Wales, the property is positioned at the heart of the city's walkable new streetscape complete with brick paved streets, lush park like settings and a growing calendar of community events! The City is in the process of designating downtown Lake Wales an Arts, Cultural & Entertainment (ACE) District which will provide an environment welcoming growth and promoting prosperity! The investment in this renovation and historic preservation is unmatched, with no detail overlooked. The goal was to preserve this piece of history for the next 100 years and every decision was made with that long term vision.... An invaluable gift to the person lucky enough to be the new owner, entrusted with the legacy of the J. T. Rhodes building!
Property Location and Similar Properties
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Similar
Property Features
Accessibility Features
  1. Accessible Bedroom
  2. Accessible Common Area
  3. Accessible Hallway(s)
Appliances
  1. Dishwasher
  2. Dryer
  3. Microwave
  4. Refrigerator
  5. Washer
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Flooring
  1. Tile
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Legal Description
  1. LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 28 LOTS 2 & 3
Living Area
  1. 8480.00
Lot Features
  1. Curb and Gutters
  2. Historic District
  3. City Limits
  4. Sidewalk
  5. Street Lights
  6. Paved
Area Major
  1. 33853 - Lake Wales South
Net Operating Income
  1. 139122.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 27-30-01-883000-028020
Possession
  1. Close Of Escrow
Property Condition
  1. Completed
Property Type
  1. Commercial Sale
Road Frontage Type
  1. Business District
  2. City Street
Roof
  1. Built-Up
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 30
Utilities
  1. Public
  2. Water Connected
Views
  1. 27
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/K4903016
Water Source
  1. Public
Year Built
  1. 1915
Zoning Code
  1. C-1
  1. Legacy Real Estate Center Inc
  2. Dedicated to You! Dedicated to Results!
  3. 863.676.0200
  4. dolores@legacyrealestatecenter.com