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Listed by David Plasencia, LLC · Courtesy of COLDWELL BANKER REALTY· Agent MLS ID# MFR272504882 · Deemed reliable but not guaranteed. · Data last updated: Aug 16, 2026 · 2:33 PM

518 E MEMORIAL BLVD

Lakeland, Polk, FL, 33801

Active

$525,000

$127/sqft

N/ABeds
0Baths
4,130Sq Ft
1970Built
37Days on Market

About this home

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.

Facts & Features

MFRO6421987
$525,000
Active
N/A
0
N/A
N/A
4,130 sqft
0.4300
1970
Commercial Sale
Restaurant
N/A

Community Information

518 E MEMORIAL BLVD
Bon Air Add
Lakeland
Polk
FL
33801
No

Amenities

N/A
N/A
No
No
No

Interior

N/A
Central
Central Air
Tile
N/A
N/A
Refrigerator

Exterior

N/A
Block, Brick
Slab
Shingle, Other
N/A
N/A

School Information

N/A
N/A
N/A

Additional Information

July 10, 2026
37
C-2
N/A
No

Mortgage Calculator

This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. COLDWELL BANKER REALTY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

37 days on market

Listing updated: Aug 16, 2026 · 2:33 PM

Listed by: David Plasencia, LLC · 407-579-9369COLDWELL BANKER REALTY · 407-647-1211

Updated from Real Estate Market Data

Location

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