1604 OLIVE STREET,Lakeland,Polk,FL, 33815, Commercial Sale, , 0, e8e7757bc733318e2f25454385fa9430, L4964756,1604 or OLIVE

$985,000
1604 OLIVE STREET, LAKELAND, WESTGATE SUB
Active

Overview

  • Updated On:
  • October 17, 2026
  • 8,086 ft2

Description

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.

Address: 1604 OLIVE STREET
City:
State/County:
Zip: 33815
Country: United States

Property Id: 101293638
Price: $985,000
Property Size: 8,086 ft2
Property Lot Size: 1 ft2
Building Area Total: 8716
Building Features: Bathrooms, Extra Storage, Fencing, High Bays, Loading Dock, Outside Storage, Overhead Doors, Reception, Waiting Room
CoListAgentFullName: Carla Miro
CoListAgentMlsId: 279592299
Co List Office Mls Id: 255002357
Co List Office Name: CENTURY 21 WATSON & MYERS REALTY
Community Features: Sidewalks
Construction Materials: Concrete, Wood Frame
Contract Status Change Date: 2026-09-01
Cooling: A/C - Office Only
Cumulative Days On Market: 45
Days On Market: 45
Direction Faces: North
Directions: Heading South on Kathleen Road, take a right onto George Jenkins Blvd.Turn left onto Sloan Ave. At the traffic circle, take the 1st exit onto W Main St. W Main St turns slightly left and becomes S Central Ave. Turn right onto Olive St. Turn left onto Montana Ave. Destination will be on the left
Flooring: Carpet, Concrete
FoundationDetails: Concrete Perimeter
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
ListAOR: East Polk
ListAgentAOR: Lakeland
ListAgentEmail: acosta.tony89@gmail.com
ListAgentFullName: Tony Acosta
ListAgentKey: ef103c297cf3fc27eab1a8f41d8b4682
ListAgentMlsId: 265580365
ListAgentPreferredPhone: 863-224-5956
ListOfficeKey: a29f9daeafa0faaf919c19fd43b0e50a
ListOfficeMlsId: 260030684
ListOfficeName: CENTURY 21 MYERS REALTY
ListOfficePhone: 863-875-5656
ListingContractDate: 2026-09-01
ListingId: L4964756
ListingKeyNumeric: 804430460
ListingTerms: Cash
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotFeatures: Corner Lot, Sidewalk, Street Lights
LotSizeArea: 22215
LotSizeSquareFeet: 22215
LotSizeUnits: Square Feet
MLSAreaMajor: 33815 - Lakeland
MlsStatus: Active
ModificationTimestamp: 2026-10-17T00:40:58.970Z
NumberOfBuildings: 2
OnMarketDate: 2026-09-01
OriginalEntryTimestamp: 2026-09-02T01:40:26.957Z
OriginalListPrice: 1250000
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
ParcelNumber: 232823100500008050
ParkingFeatures: Ground Level
PhotosChangeTimestamp: 2026-09-03T17:23:28.286Z
PhotosCount: 13
PostalCodePlus4: 4046
PriceChangeTimestamp: 2026-10-17T00:40:58.970Z
PropertyCondition: Completed
RoadFrontageType: Street Lights, Street Paved, City Street, Divided Highway
RoadSurfaceType: Paved
Roof: Membrane, Metal
STELLAR_AdjoiningProperty: Residential, Vacant
STELLAR_AlternateKeyFolioNum: 232823100500008050
STELLAR_CalculatedListPriceByCalculatedSqFt: 113.01
STELLAR_CeilingHeight: 23 + Feet
STELLAR_CeilingType: Drywall
STELLAR_CensusBlock: 2
STELLAR_CensusTract: 010900
STELLAR_CreateAutomaticVirtualTourYN: 1
STELLAR_CurrentPrice: 985000
STELLAR_FloodZoneCode: X
STELLAR_FloodZoneDate: 2016-12-22
STELLAR_FloodZonePanel: 12105C0311G
STELLAR_ListOfficeContactPreferred: 863-875-5656
STELLAR_ListOfficeHeadOfficeKeyNumeric: 1039268
STELLAR_ListSource: MATRIX
STELLAR_ListSourceOriginal: MATRIX
STELLAR_MlsMajorChangeType: Price Decrease
STELLAR_NumofOffices: 3
STELLAR_OfficeIDXOfficeParticipationYN: 1
STELLAR_OfficeSyndicateTo: Apartments.com, International MLS, Realtor.com, Zillow Rental, SkySlope Offers
Sewer: Public Sewer
SourceSystemKey: 804430460
SpecialListingConditions: None
StateOrProvince: FL
StatusChangeTimestamp: 2026-09-02T01:40:26.957Z
StoriesTotal: 1
StreetName: OLIVE
StreetNumber: 1604
StreetNumberNumeric: 1604
StreetSuffix: STREET
TaxAnnualAmount: 2999.25
TaxBlock: 8
TaxBookNumber: 10-23
TaxLegalDescription: WESTGATE SUB PB 10 PG 23 BLK 8 LOTS 5 THRU 8 & THE NORTH 7.5 FT OF VACATED ALLEY LYING SOUTH OF ABOVE DESC and WESTGATE SUB PB 10 PG 23 BLK 8 LOTS 1 THRU 4 & LOT 40 & VACATED ALLEY LYING BETWEEN SAID LOTS
TaxLot: 5
TaxYear: 2025
Utilities: BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected
WaterSource: Public
WindowFeatures: Blinds
YearBuilt: 1942
Zoning: I-1

Other Features
Has Cooling System

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

$5,050.29
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 3,819.04

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