$599,000

1303 State Road 60 E, Lake Wales, FL 33853


1303 State Road 60 E Lake Wales, FL 33853

For Sale MLS# T3521428

2,400 sq ft Commercial

Data current as of {{getLocalTime('2024-05-09T05:54:19Z')}}

Details for 1303 State Road 60 E

MLS# T3521428

Description for 1303 State Road 60 E, Lake Wales, FL, 33853


Discover an exciting opportunity with this recently renovated restaurant business situated on the bustling State Road 60. Romeos Italian Restaurant has been a cherished part of Lake Wales since 1986, offering a taste of Italy to the local community. Whether you're looking to continue the tradition of this beloved establishment or introduce a fresh culinary concept to the area, this property provides the perfect canvas for your vision. Strategically located in the heart of the Lake Wales medical district, this restaurant enjoys prime visibility and convenient access for patrons from nearby offices and beyond. Boasting a comprehensive setup for seamless operations, the restaurant comes equipped with essential amenities including a walk-in cooler, two freezers, various refrigerators, two pizza ovens, a deep fryer, a 10-burner commercial stove, two commercial ovens, and a Hobart commercial mixer. With a generous seating capacity of 90 and provisions for up to 100 guests with chairs and tables, this establishment is poised to accommodate gatherings of all sizes. Whether you're an experienced restaurateur or a budding entrepreneur, seize this exceptional opportunity to make your mark in Lake Wales' vibrant culinary scene. Don't let this chance pass you by—schedule a viewing today and embark on your next culinary adventure!

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 0.30 Acres

Square Feet: 2,400 sq ft

Year Built: 1959

Foundation:

Garage: No

Stories: 1 Story

Construction: Concrete

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Gelnaw Sub

Builder:

Foundation: Slab

Current Use:

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Polk

HERS Score:

Construction Status:

Utilities


Available Utilities:

Other Utilities:

Cooling: Central Air

Heating:

Driving Directions


From US Hwy 27.: Exit State Raod 60 and head East. Property is on the left just before Hunt Brothers Rd

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms: Cash,Conventional

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 28-30-06-939500-001092

Tax Amount: $2,874

Tax Year: 2023

HomeStead Description:

Price Changes


$599,000 Original Price
$599,000 Current Price
+$0 Total Change
Date Price Change
4/24/2024 01:39 PM $599,000

Sales History

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Tax Summary

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Schools nearby 1303 State Road 60 E

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

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Contingent and Pending statuses may not be available for all listings