
253 E STUART AVENUE, LAKE WALES, FL 33853
BULLARD BLDG CONDO · Polk County
Key Facts
Description
Restaurant | Single tenant | 3,732 SqFt Building description For Lease – Turnkey Restaurant Space 253 E. Stuart Ave., Downtown Lake Wales, FL ±3,732 SF | Two Dining Rooms | Full Commercial Kitchen Property Overview Prime downtown restaurant space in the heart of the revitalized Lake Wales business district. Formerly an upscale restaurant, this beautifully designed property offers approximately 3,732 square feet with two spacious dining areas, a full-size commercial kitchen, and excellent visibility along E. Stuart Avenue. Ideal for a fine-dining, casual-upscale, or event-driven concept. Highlights ±3,732 SF of interior space Two separate dining rooms plus bar area Fully equipped commercial kitchen layout with hood and prep areas 2 Bathrooms Small office space Elegant existing build-out suitable for immediate occupancy Downtown Lake Wales location within walking distance to shops, cafés, and parks Excellent frontage and signage visibility Ample nearby public parking Downtown Lake Wales Revitalization The property is located within the Lake Wales Connected redevelopment zone—an ambitious city initiative transforming the downtown corridor with new streetscapes, wider sidewalks, improved lighting, and lush landscaping. Recent upgrades to Park Avenue and Market Plaza have created a vibrant, walkable destination that attracts locals and visitors alike. Adding to the momentum, new residential developments are underway nearby, bringing fresh housing and a growing customer base—perfect for restaurant or hospitality operators looking to capitalize on the district’s resurgence. Ideal For Restaurant or bistro concept Brewpub or wine bar Location Advantages Central downtown location with strong local and tourist traffic Minutes from major thoroughfares (US-27 & SR-60) Surrounded by historic architecture, boutique retail, and civic investments Building highlights Built in 1919–20 and commissioned for $70,000 by pioneer developer Bernice K. Bullard, the Bullard Building established itself at the heart of Lake Wales’ early commercial boom. Once called ‘the architectural gem of Lake Wales,’ the two-story masonry vernacular block at 239-257 E. Stuart Avenue housed a full suite of downtown services—from a drug store and barber shop to the U.S. Post Office and municipal offices above. Today, the building retains its original storefront rhythm, substantial street frontage and historic prestige, providing your new enterprise with both modern amenity and downtown identity.
Property Information
Property Type
Commercial Lease
Year Built
1988
Living Area
3,732 sq ft
Lot Size
0.05 acres
Days on Market
103
MLS® Listing#
K4903355
Property Features
Cooling
Construction
Foundation
Financial Details
Annual Taxes
$5,636
Tax year 2025
Parcel Number
27-30-02-910033-001030
Directions
From the intersection of Central and 1st St, go North on 1st St. Turn right on E Stuart Ave. Unit is toward the end of the street on the left.
Affordability Calculator
$10,450
Estimated monthly payment
$278/mo
Principal $41,798 · Est. interest $58,312 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in LAKE WALES, FL
- $340,778
- Median Listing Price
- 81
- Median Days on Market
- 1,619
- Median Sq Ft
- $202
- Median Price / Sq Ft
- 2,452
- Active Listings
- This home’s price is 85% below the area median.
- Its price per sq ft is 93% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in LAKE WALES, FL.
Location
Points of Interest in LAKE WALES, FL
Showing the LAKE WALES area map.
Nearby Schools
Park Avenue Private School
School · 0.1 mi away
Lake Wales Charter Schools
School · 0.1 mi away
Candlelight Christian Academy
School · 0.2 mi away
Kirkland Gymnasium
School · 0.3 mi away
Polk Avenue Elementary School
Elementary · 0.4 mi away
Spook Hill Elementary
Elementary · 0.6 mi away
Roosevelt Academy
School · 0.8 mi away
Victory Ridge Academy
School · 0.9 mi away
McLaughlin Middle School
Secondary · 1.0 mi away
Lake Wales High School
Secondary · 1.1 mi away
Janie Howard Wilson Elementary
Elementary · 1.2 mi away
Hillcrest Elementary School
Elementary · 1.3 mi away
The Vanguard School
School · 2.5 mi away
Bok Academy
School · 5.4 mi away
Babson Park Elementary School
Elementary · 6.0 mi away
Chain of Lakes Elementary School
Elementary · 6.7 mi away
Garden Grove Elementary School
Elementary · 7.8 mi away
Dundee Ridge Middle School
Secondary · 7.9 mi away
Alturas Elementary School
Elementary · 7.9 mi away
Don E Woods Opportunity Center
Secondary · 8.7 mi away
Commute Calculator
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|---|---|---|---|---|
| 21 Palm Drive 21, Lake Worth Beach, FL | $37,000 | 2 | 1 | 900 |
| 2000 LEMON DRIVE, LAKE WALES, FL | $37,000 | — | — | — |
| LEMON DRIVE, LAKE WALES, FL | $37,000 | — | — | — |
| LAKE GRIFFIN ROAD, LADY LAKE, FL | $37,000 | — | — | — |
| XX McCall Bridge Road, Lake Talquin, FL | $37,500 | — | — | — |
| 713 ALBA DRIVE, INDIAN LAKE ESTATES, FL | $37,600 | — | — | — |
Moving Cost Estimate
EXIT Agents in LAKE WALES
Listing Courtesy: LEGACY REAL ESTATE CENTER INC - 863-676-0200
Last Updated: 2026-03-19















