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351 Lincoln Ave
For Sale $149,000 ($41.39 per Sq Ft)
$149,000 ($41.39 per Sq Ft)
- Units
- 3,600 Sq Ft
- 6,665 Sq Ft
- Unknown Cap Rate
Description
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $149,000 |
| Property Type | Flex Space |
| Usable Sqft | 3,600 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1968 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 272935880000001120 |
| MLS # | TB8495071 |
| Property ID | 307186798 |
| Lot Sqft | 6,665 |
| Zoning | C-2 |
| Days on Market | 26 |
| Original List Price | $179,000 |
| Date Updated | April 13, 2026 |
| Date Created | April 09, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Shalimar Santiago an agent of .
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of April 13, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT