$750,000

1330 E Memorial Boulevard

LAKELAND FL, 33801

Description

Great Opportunity to Purchase this 8,436 SF Commercial Building with Old World Charm in Bustling Lakeland. Known as THE FIRST RED LOBSTER RESTAURANT, the building offers 6,358 sf indoor restaurant as well as over 2000 SF of outside seating space. The property may be modified for Retail Storefront, Church, Special Event, or used as creative spaces. Zoned C2, this building is in a prime area- south of Lake Parker at the corner of Memorial Blvd. and Edge Water Beach Dr. Offices, Retail or special events can do very well here as THE PROPERTY OWNS THE PARCEL OF LAND BY THE LAKE which can be used as stage setup, extra seating space, or parking. Lakeland has a lot to offer and youll have immediate access to it all via Interstate 4, and Memorial Blvd. Downtown Orlando and Downtown Tampa are both just a short commute away.This restaurant sits on a beautiful 2.29 acre waterfront parcel with over 100 parking spaces wrapped around it, with excellent signage and visibility along busy Memorial Blvd. The interior layout consists of entry/lobby area, 2 large seating areas, a small stage, 2 bar areas, commercial kitchen with coolers and storage areas, mechanical rooms, a small office and 4 restrooms. There is an additional outside deck containing 708 SF as well as a 1,220 SF screen porch for outside seating. This space may be used as Restaurant, Bar/Nightclub, Professional Office, an Educational Facility, Research & Development facility, Technology, Retail Storefront(s) if redeveloped.

Details

MLS#T3201706
StyleIndustrial
Sub-TypeResale
StatusActive
Year1967
Days On Site74

Features

SQ Feet8,436
Story(s)1
ZoningC-2

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Area Information

StateFL
CountyPolk
CityLAKELAND
Zip Code33801
Area33801 - Lakeland
Listing VS Median (in 33801)
Price:
$750,000
low | high
Med:
$134,900
100% of Average
SqFt:
8,436
low | high
Med:
1,114
100% of Average
$ / SqFt:
$89
low | high
Med:
$123
12.138720377911% of Average
On Site:
74
low | high
Med:
42
100% of Average
Listing Updated: 12/10/2019
MLS Number: T3201706
Listing Provided By:
Tina Marie Eloian  of  FLORIDA COMMERCIAL GROUP

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