About 518 E Memorial Boulevard
Prime commercial opportunity in the heart of Lakeland's rapidly evolving Memorial Boulevard corridor. Situated on E. Memorial Boulevard (US 92), this freestanding restaurant enjoys exceptional frontage, outstanding visibility, and exposure along one of the city's busiest commercial thoroughfares. The Memorial Boulevard corridor is the focus of significant public and private investment aimed at attracting new businesses, revitalizing the area, and supporting continued economic growth. This approximately 4,130-square-foot turnkey restaurant is fully equipped for high-volume food service and offers everything needed to open or expand your business. The commercial kitchen features more than 20 gas burners, a full commercial hood and exhaust system, spacious food preparation areas, and oversized walk-in cooler and freezer. The sale includes the dining furniture and over $60,000 in restaurant equipment, providing substantial value and reducing startup costs. Guests and staff will appreciate approximately 43 parking spaces, with additional parking available on the adjacent parcel (Parcel ID 24-28-07-171000-005030). A recently installed HVAC system adds further value. The location is minutes from Downtown Lakeland, Lakeland Regional Health, Bonnet Springs Park, hotels, retail centers, government offices, and numerous established businesses. Convenient access to Lakeland Hills Boulevard, US 98, and I-4 provides connectivity to both the Tampa and Orlando metropolitan markets, making this an ideal destination for local customers and regional visitors alike. Whether you're launching an independent concept, expanding an existing restaurant, or bringing a national franchise to Lakeland, this highly visible, fully equipped property presents a rare opportunity in one of Central Florida's fastest-growing commercial corridors.
Features of 518 E Memorial Boulevard
| MLS® # | O6421987 |
|---|---|
| Price | $525,000 |
| Square Footage | 4,130 |
| Acres | 0.43 |
| Year Built | 1970 |
| Type | Commercial Sale |
| Sub-Type | Restaurant |
| Status | Active |
Listing Details
| Office | COLDWELL BANKER REALTY |
|---|
Listing Map
Neighborhood Information for 518 E Memorial Boulevard
Growing Population, Moderate Residential Turnover, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Hadley's Early Education Preschool Private - to |
0 Miles | |
|
Mckeel Elementary Academy Public - Kindergarten to 6Th Grade |
1 Miles | |
|
|
Lawton Chiles Middle Academy Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
Lakeland Montessori School House Public - Preschool to 8Th Grade |
1 Miles | |
|
|
Pace Center For Girls Public - 6Th Grade to 12Th Grade |
1 Miles | |
|
Rochelle School Of The Arts Public - Kindergarten to 8Th Grade - Closest Elementry School |
1 Miles | |
|
|
Solutions Academy Private - to |
1 Miles |
School data provided by GreatSchools