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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.
| DAYS ON MARKET | 6 | LAST UPDATED | 9/1/2026 |
|---|---|---|---|
| TRACT | WESTGATE SUB | YEAR BUILT | 1942 |
| COMMUNITY | 33815 - Lakeland | COUNTY | Polk |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | 33815 - Lakeland |
|---|---|
| CONSTRUCTION | Concrete, Frame |
| EXTERIOR | Storage |
| INTERIOR | Bathrooms, Extra Storage, Fencing, High Bays, Loading Dock, Outside Storage, Overhead Doors, Reception, Waiting Room |
| LOT | 0.51 acre(s) |
| LOT DESCRIPTION | Corner Lot, Paved |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | WESTGATE SUB |
| TAXES | 2999.25 |
| UTILITIES | Electricity Available, Phone Available, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Tony Acosta, CENTURY 21 MYERS REALTY, 863-875-5656
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 9/6/26 11:30 PM PDT.
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