Excellent commercial/industrial opportunity in Central Lakeland! Located at 1604 Olive Street, this versatile 8,716-square-foot building sits on approximately 0.60 acres and offers a flexible layout suitable for a variety of commercial and industrial operations. The property features an impressive 25-foot ceiling height, loading dock, fenced outdoor storage, ample on-site parking, and newly installed interior LED lighting, along 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/work spaces, 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. This arrangement creates an attractive 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.
With its combination of warehouse space, office space, outdoor storage, loading capabilities, parking, existing rental income, and a convenient Lakeland location, this property offers tremendous flexibility for investors and business owners alike.
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/work spaces, 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. This arrangement creates an attractive 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.
With its combination of warehouse space, office space, outdoor storage, loading capabilities, parking, existing rental income, and a convenient Lakeland location, this property offers tremendous flexibility for investors and business owners alike.
Property Details
Price:
$985,000
MLS #:
L4964756
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Warehouse
Subdivision:
WESTGATE SUB
Neighborhood:
33815lakeland
Listed Date:
Sep 1, 2026
Finished Sq Ft:
8,086
Total Sq Ft:
8,716
Lot Size:
22,215 sqft / 0.51 acres (approx)
Year Built:
1942
See this Listing
Schools
Interior
Cooling
A/C – Office Only
Flooring
Carpet, Concrete
Exterior
Building Features
Bathrooms, Extra Storage, Fencing, High Bays, Loading Dock, Outside Storage, Overhead Doors, Reception, Waiting Room
Community Features
Sidewalks
Construction Materials
Concrete, Wood Frame
Direction Faces
North
Lot Features
Corner Lot, Sidewalk, Street Lights
Parking Features
Ground Level
Roof
Membrane, Metal
Window Features
Blinds
Financial
Tax Year
2025
Taxes
$2,999
Map
Community
- Address1604 OLIVE STREET LAKELAND FL
- SubdivisionWESTGATE SUB
- CityLAKELAND
- CountyPolk
- Zip Code33815
Subdivisions in LAKELAND
Market Summary
Current real estate data for Commercial in LAKELAND as of Oct 18, 2026
30
Commercial Listed
184
Avg DOM
326
Avg $ / SqFt
$1,193,243
Avg List Price
Property Summary
- Located in the WESTGATE SUB subdivision, 1604 OLIVE STREET LAKELAND FL is a Commercial for sale in LAKELAND, FL, 33815. It is listed for $985,000 To schedule a showing of MLS#l4964756 at 1604 OLIVE STREET in LAKELAND, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of CENTURY 21 MYERS 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. 1604 OLIVE STREET
LAKELAND, FL
