Commercial Lease · Mixed Use
247 E STUART AVENUE, LAKE WALES, FL, 33853
Active411 days on marketListed Jun 18, 2025MLS #K4902972
About this property
The property at a glance
The Bullard Building, built in 1920, was hailed as an architectural gem, and housed businesses like a drug store, barber shop, and post office on the first floor, with municipal offices and a bowling alley upstairs. The Bullard Building still stands on E Stuart Avenue and retains much of its original beauty. This unit provides two stories of flexible space, suitable for almost any business type. Each floor is 2,194 sq ft. The first floor is currently divided into multiple rooms and office spaces, with two handicap accessible bathrooms. The second floor is a mostly open space with a small kitchen area and elevator access, with two office spaces providing large windows overlooking Stuart Ave. Flexible options for subdividing and TIA.
4,388
Building sq ft
$13
Price / sq ft
0.06
Lot acres
1919
Year built
1
Building
Mixed Use
Property type
The numbers
Investment snapshot
Gross
Lease structure
3 to 5 Years
Lease term
Estimated payment (illustrative)
Estimated payment
$804/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Tyler to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
604
Population
$69,541
Median income
33
Median age
3
Avg household
$186,592
Median home value
$371/mo
Median rent
74%
Households w/ kids
Consumer profile
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
Ready to turn up when the sun goes down, this population is looking for nighttime entertainment at home or out on the town.
Politically aware, this population is interested in civic issues on both the local and national level. They often discuss candidates for office, taxes, and political ideologies.
There's more to student life than academics. It's about the experience - from classes and homecoming, to making lifetime friends and alumni events. These are students at school, taking classes online, or finding other ways to be students in their daily lives.
Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.
This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.
Recent sales
What actually sold near 247 E STUART AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$320,000
247 E STUART AVENUE
4,388 sqft · $73/sqft · Sold Oct 4, 2024
$257,500
218 E ORANGE AVENUE
2,610 sqft · $99/sqft · Sold May 23, 2025
$330,000
299 E STUART AVENUE
2,283 sqft · $145/sqft · Sold Dec 15, 2025
Your team
The pros in your corner
Your agent
Tyler Stoddard
REALTOR · CENTURY 21 Edge
Tours, offers, and every question about 247 E STUART AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 247 E STUART AVENUE.
See it in person
Schedule a tour
Live availability from Tyler's calendar — pick a time and it's booked.
Listing courtesy of LEGACY REAL ESTATE CENTER INC · Brian Vogel. MLS #K4902972.
IDX information is provided exclusively 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 accurate by Stellar MLS.
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