Prime commercial opportunity in the heart of Lakeland’s rapidly evolving Memorial Boulevard corridor. Situated on E. Memorial Boulevard (US 92), this freestanding restaurant enjoys exceptional frontage, outstanding visibility, and exposure along one of the city’s busiest commercial thoroughfares. The Memorial Boulevard corridor is the focus of significant public and private investment aimed at attracting new businesses, revitalizing the area, and supporting continued economic growth.
This approximately 4,130-square-foot turnkey restaurant is fully equipped for high-volume food service and offers everything needed to open or expand your business. The commercial kitchen features more than 20 gas burners, a full commercial hood and exhaust system, spacious food preparation areas, and oversized walk-in cooler and freezer. The sale includes the dining furniture and over $60,000 in restaurant equipment, providing substantial value and reducing startup costs.
Guests and staff will appreciate approximately 43 parking spaces, with additional parking available on the adjacent parcel (Parcel ID 24-28-07-171000-005030). A recently installed HVAC system adds further value.
The location is minutes from Downtown Lakeland, Lakeland Regional Health, Bonnet Springs Park, hotels, retail centers, government offices, and numerous established businesses. Convenient access to Lakeland Hills Boulevard, US 98, and I-4 provides connectivity to both the Tampa and Orlando metropolitan markets, making this an ideal destination for local customers and regional visitors alike.
Whether you’re launching an independent concept, expanding an existing restaurant, or bringing a national franchise to Lakeland, this highly visible, fully equipped property presents a rare opportunity in one of Central Florida’s fastest-growing commercial corridors.
This approximately 4,130-square-foot turnkey restaurant is fully equipped for high-volume food service and offers everything needed to open or expand your business. The commercial kitchen features more than 20 gas burners, a full commercial hood and exhaust system, spacious food preparation areas, and oversized walk-in cooler and freezer. The sale includes the dining furniture and over $60,000 in restaurant equipment, providing substantial value and reducing startup costs.
Guests and staff will appreciate approximately 43 parking spaces, with additional parking available on the adjacent parcel (Parcel ID 24-28-07-171000-005030). A recently installed HVAC system adds further value.
The location is minutes from Downtown Lakeland, Lakeland Regional Health, Bonnet Springs Park, hotels, retail centers, government offices, and numerous established businesses. Convenient access to Lakeland Hills Boulevard, US 98, and I-4 provides connectivity to both the Tampa and Orlando metropolitan markets, making this an ideal destination for local customers and regional visitors alike.
Whether you’re launching an independent concept, expanding an existing restaurant, or bringing a national franchise to Lakeland, this highly visible, fully equipped property presents a rare opportunity in one of Central Florida’s fastest-growing commercial corridors.
Property Details
Price:
$525,000
MLS #:
O6421987
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Restaurant
Subdivision:
BON AIR ADD
Neighborhood:
33801lakeland
Listed Date:
Jul 10, 2026
Finished Sq Ft:
4,130
Total Sq Ft:
4,912
Lot Size:
9,405 sqft / 0.43 acres (approx)
Year Built:
1970
See this Listing
Schools
Interior
Appliances
Refrigerator
Cooling
Central Air
Flooring
Tile
Heating
Central
Exterior
Construction Materials
Block, Brick
Roof
Other, Shingle
Financial
Tax Year
2025
Taxes
$3,217
Map
Community
- Address518 E MEMORIAL BOULEVARD LAKELAND FL
- SubdivisionBON AIR ADD
- CityLAKELAND
- CountyPolk
- Zip Code33801
Subdivisions in LAKELAND
Market Summary
Current real estate data for Commercial in LAKELAND as of Aug 29, 2026
29
Commercial Listed
189
Avg DOM
324
Avg $ / SqFt
$1,198,424
Avg List Price
Property Summary
- Located in the BON AIR ADD subdivision, 518 E MEMORIAL BOULEVARD LAKELAND FL is a Commercial for sale in LAKELAND, FL, 33801. It is listed for $525,000 To schedule a showing of MLS#o6421987 at 518 E MEMORIAL BOULEVARD in LAKELAND, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of COLDWELL BANKER REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 518 E MEMORIAL BOULEVARD
LAKELAND, FL
