Industrial property in 1604 Olive Street, Lakeland, FL 33815 for sale with MLS# A12089800

Industrial opportunity in Central Lakeland! Versatile 8,716 sq. ft., building sits on approximately 0.51 acres and offers a flexible layout suitable for a variety of commercial and industrial operations. The property features 25 ft ceiling height, loading dock, fenced outdoor storage, on-site parking, newly installed interior LED lighting, 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/workspaces, 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. Great 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.

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Days on the market

1604 Olive Street, Lakeland, FL 33815

Price
Price:
$985,000.00
Original List Price:
$1,250,000.00
List Price per Sq Ft (Calculated, Approx.):
$113.01
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Industrial
Description of Last Important Update:
Price Reduced
Last Major Update on:
October 17, 2026 4:22 pm
Measures
Built-Up Area:
8,716 Sqft
Lot Area:
22,215 Sqft
Lot Size Acres:
0.51
Property Features
Security:
Security Fence
Construction
Year Built:
1942
Number of Buildings:
1
Construction Materials:
Other
Number of stories:
1
Structure Type:
Office, Warehouse, Industrial
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$2,999.00
Tax Year:
2025
Parking
Parking Total Spaces:
20
Community
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional, Other
Buyer Possession:
Close Of Escrow
Zoning and Legal
Real Estate Folio Number (Parcel Number):
232823100500008050
Listing History
Active on the market since:
September 14, 2026
Listing Agreement executed on:
September 15, 2026
Price change occurred on:
October 17, 2026 4:22 pm
Listing Status Last Changed On:
September 15, 2026 4:00 am
Photos updated on:
September 21, 2026 5:22 pm
Last Modified:
November 3, 2026 7:33 am
Additional Information
Courtesy of:
CENTURY 21 WATSON & MYERS REAL
Attribution:
Not provided
Location
Street Name:
Olive
Street Number:
1604
City:
Lakeland
State:
Florida
Zip Code:
33815
County:
Polk
Latitude:
N28° 2' 20.6''
Longitude:
W82° 1' 12.2''
Street Suffix:
Street
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $36,445
Median Home Value $42,700
Median Rent $1,078/mo
Median Age 42
Population 14,457
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.