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Office / Retail Building on US-98 1517-1523 Commercial Park Dr 4,338 SF Vacant Office Building Lakeland, FL 33801 For Sale

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INVESTMENT HIGHLIGHTS

  • Six units (694–775 SF) with flexible layout
  • Renovated in 2025
  • Walking distance from new Publix Grove Park shopping center
  • Visibility on US Hwy 98 S with 42,000 cars per day
  • 17 parking spaces (3.92 / 1,000 SF)

EXECUTIVE SUMMARY

This multi-tenant office / retail building is located off US Hwy 98 S and was updated in 2025. The property offers excellent visibility, accessibility and flexiblity with a O-1 zoning, making the space ideal for general office, medical, professional services, boutiques or specialty retail. The daily traffic is 42,000 vehicles per day along US Hwy 98/Bartow Rd.
The property includes 6 suites ranging from 694 to 776 SF, each with flexible layouts featuring a mix of private offices, open areas, reception, and restrooms. Each suite has the option to be combined to accomodate a larger user or tenant. Total of 17 paved parking spaces (3.92 / 1,000 SF) and signage available on the building.
The surrounding area offers immediate access to restaurants, services and other daily conveniences within walking distance. Minutes from Downtown Lakeland and major highways including the Polk Parkway and I-4. Lastly, walking distance from Florida Southern College, an architecturally famous campus designed by Frank Lloyd Wright with over 2,500 students and Lake Hollingsworth, a 350-acre lake featuring scenic walking/biking trails (Lake-to-Lake Trail), recreation and one of Lakeland’s most desirable neighborhoods.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,338 SF
Building Class
B
Year Built/Renovated
1969/2025
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,338 SF
Building FAR
0.43
Lot Size
0.23 AC
Zoning
O-1 - Office / Retail
Parking
17 Spaces (3.92 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Signage
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste Suite 1517
  • 776 SF
  • Office
  • Partial Build-Out
  • Now

Suite 1517 has a total of 776 SF with a reception / open space, one private office, a large open space / shared office, and one restroom.

  • 1st Fl-Ste Suite 1521
  • 737 SF
  • Office
  • Full Build-Out
  • May 2026

Suite 1521 has a total of 737 SF with 3 private offices, an open space that could be utilized as a break room, reception area and one private restroom.

  • 1st Fl-Ste Suite 1860
  • 694 SF
  • Office
  • Partial Build-Out
  • Now

Suite 1860 has a total of 694 SF with a reception / open space, one office / conference room, a break area, and one restroom.

  • 1st Fl-Ste Suite 1862
  • 694 SF
  • Office
  • Partial Build-Out
  • Now

Suite 1862 has a total of 694 SF with a reception, two private offices, and one restroom.

Space Size Space Use Condition Available
1st Fl-Ste Suite 1517 776 SF Office Partial Build-Out Now
1st Fl-Ste Suite 1521 737 SF Office Full Build-Out May 2026
1st Fl-Ste Suite 1860 694 SF Office Partial Build-Out Now
1st Fl-Ste Suite 1862 694 SF Office Partial Build-Out Now

1st Fl-Ste Suite 1517

Size
776 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Fl-Ste Suite 1521

Size
737 SF
Space Use
Office
Condition
Full Build-Out
Available
May 2026

1st Fl-Ste Suite 1860

Size
694 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Fl-Ste Suite 1862

Size
694 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Fl-Ste Suite 1517

Size 776 SF
Space Use Office
Condition Partial Build-Out
Available Now

Suite 1517 has a total of 776 SF with a reception / open space, one private office, a large open space / shared office, and one restroom.

1st Fl-Ste Suite 1521

Size 737 SF
Space Use Office
Condition Full Build-Out
Available May 2026

Suite 1521 has a total of 737 SF with 3 private offices, an open space that could be utilized as a break room, reception area and one private restroom.

1st Fl-Ste Suite 1860

Size 694 SF
Space Use Office
Condition Partial Build-Out
Available Now

Suite 1860 has a total of 694 SF with a reception / open space, one office / conference room, a break area, and one restroom.

1st Fl-Ste Suite 1862

Size 694 SF
Space Use Office
Condition Partial Build-Out
Available Now

Suite 1862 has a total of 694 SF with a reception, two private offices, and one restroom.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-28-29-248150-000222
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$519,548 CAD
  • Listing ID: 37826898

  • Date on Market: 2025-09-25

  • Last Updated:

  • Address: 1517-1523 Commercial Park Dr, Lakeland, FL 33801

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