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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1604 Olive St , Lakeland, FL 33815
$985,000
Est. Payment: $5,258.47/mo
8716 Sqft
0.51 Acres
Status: active | Days on site: 47
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House Description

Industrial opportunity in Central Lakeland! Versatile 8,716 sq. ft., building sits on approximately 0.51 acres and offers a flexible layout suitable for a variety of commercial and industrial operations. The property features 25 ft ceiling height, loading dock, fenced outdoor storage, on-site parking, newly installed interior LED lighting, with convenient access to I-4 and surrounding Lakeland business corridors. The building offers a combination of expansive warehouse space and finished office areas, providing functionality for an owner-user or investor. Potential uses include warehouse, distribution, automotive, storage, or other general commercial operations, subject to verification of zoning and permitted uses. The interior photos also show large open warehouse areas with roll-up access and separate office/workspaces, giving the property plenty of flexibility for a variety of business needs. Adding immediate income potential, approximately 4,000 square feet is currently occupied by a month-to-month tenant paying $5,000 per month, while the remaining portion of the building is currently vacant. Great opportunity for an owner-user seeking to offset occupancy costs, or an investor looking to lease the remaining space and increase the property’s income potential.

Highlights

Listed by Carla Miro , 786-897-4081 CENTURY 21 WATSON & MYERS REAL , 863-324-1000. REALTOR Association of Greater Miami and the Beach

Property Type

Commercial Sale

Lot/Acreage
0.51

Year Built

1942

County

Polk

Area

5940 Florida Other

Listing ID

A12089800

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Interior Features

Exterior Features

Garage Capacity:20
Principal Interest
$5,258
Taxes
$250

Home Price

$985,000

Loan Details

30 yrs
7.03%

Down Payment

20%
$197,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,258.47

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,258.47 $249.92 $0.00 $5,508.39
Yearly $63,101.64 $2,999.00 $0.00 $66,100.64
Total $1,893,049.13 $89,970.00 $0.00 $1,983,019.13

Today's Rates

30 Year

7.03%

20 Year

6.92%

15 Year

6.45%

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Market insight data is pulled from the same city as the listing being viewed (Lakeland, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-02T23:12:12.000Z

© 2026 REALTOR Association of Greater Miami and the Beach