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253 E STUART AVENUE, LAKE WALES, FL 33853

BULLARD BLDG CONDO · Polk County

Key Facts

3,732Sq Ft
1988Year Built
0.05Lot (acres)

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

Central Air

Construction

Concrete

Foundation

Slab

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

Map showing the location of 253 E STUART AVENUE, LAKE WALES, FL 33853

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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Moving Cost Estimate

EXIT Agents in LAKE WALES

Listing Courtesy: LEGACY REAL ESTATE CENTER INC - 863-676-0200

Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.

Last Updated: 2026-03-19

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Lake Wales. MLS® Listing#K4903355. © 2026EXIT Realty®. All rights reserved.