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Rare mixed-use investment opportunity in the heart of Lake Wales, FL! Full renovation needed on this iconic two-story building, formerly home to the beloved Parker Grocery, sits on Lincoln Ave and is ready to be reimagined from the ground up. With a wide-open ground floor spanning the full footprint of a historic general store, plus a dedicated storage area and bathroom, the possibilities for retail, restaurant, boutique, office, or creative commercial space are virtually limitless. The second floor features two spacious 2-bedroom, 2-bathroom apartments at 900 sq ft each, offering immediate residential income potential once renovated. Whether you envision a live-work building, a ground-floor business with tenants above, or a fully residential conversion, this property is a blank canvas waiting for the right investor's touch. Lake Wales is a growing community with deep roots and an exciting future, and properties like this don't come along often. Bring your contractor and your imagination. The bones are there. The location is there. All it needs is your vision.
| DAYS ON MARKET | 3 | LAST UPDATED | 4/9/2026 |
|---|---|---|---|
| TRACT | LINCOLN PARK ADD | YEAR BUILT | 1968 |
| COMMUNITY | 33853 - Lake Wales South | COUNTY | Polk |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 33853 - Lake Wales South |
| CONSTRUCTION | Block, Brick |
| LOT | 6534 sq ft |
| LOT DIMENSIONS | 48x138 |
| STORIES | 1 |
| SUBDIVISION | LINCOLN PARK ADD |
| TAXES | 1176.74 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Shalimar Santiago, REI BROKERAGE HOUSE, INC., 813-389-7881
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 4/12/26 1:35 AM PDT.
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