FOR SALE | Mixed Use Office & Residential | Downtown Lakeland

229 Tennessee Avenue, Lakeland, Fl 33801

Property: The Lofts on Tennessee is one of downtown Lakeland’s few mixed-use properties. Downstairs features three office spaces with urban interior design elements including open ceilings,
exposed air ducts, exposed brick wall features and glass storefronts; as well as a retail unit on Trader’s Alley with the same features. Upstairs hold three walk up 1200+ sf apartments with open rafter ceilings, skylights, exposed duct, exposed brick wall features and chic open kitchens. Originally built in 1915 as a carriage house, the entire property was taken back to the just the exterior walls and rebuilt by architect, David Ruben and his partners in 2005. Property totals 8,712 sf gross with 8,478 sf rentable with Zoning is C-7. The residential units are always rented and the entire property is 100% occupied at present time. Excellent potential for an owner occupant who wants to be in the core area and own.

Location: This property is located in the heart of downtown Lakeland. The CBD offers the largest consolidated selection of restaurant and entertainment options anywhere in Lakeland; city parks, walking areas, and outside venues; city offices; banking; retail; and nightlife. Downtown is located just minutes from the Polk Parkway and I-4, allowing for very easy access to both Orlando and Tampa commuters. Lakeland is located approximately 35 miles east of Tampa and 55 miles southwest of Orlando along Interstate I-4. The city is home to Florida Southern College, Florida Polytechnic University, Southeastern University, Polk Community College, and Publix. Lakeland is showing positive job growth and offers a lower cost of living than area other areas along the I-4 corridor. There are over 10,000,000 people within a 100-mile radius of Lakeland; a fact that is causing exponential growth in the area.

FOR SALE – $925,000