183 Lake Morton Dr - Iconic Wilsonian Building-16 Units + Duplex 18 Unité Immeuble d’habitation offert à 3 078 675 $ CAD Lakeland, FL 33801

We are delighted to present the iconic Wilsonian Building on prestigious Lake Morton in downtown Lakeland. Built in 1922 by Temples and Floyd Construction and designed by B.C. Bonfoey, it is one of the most recognizable properties in Lakeland. Its location on Lake Morton places it in the center of Lakeland’s vibrant downtown and along the city’s most heavily traveled walking and recreational areas.
Zoned O-1, City of Lakeland, the building is currently set up as two wings, with 8 apartments in each wing, 4 on each floor. There is a mix of (8) studios with den/ 1 bathroom and (8) 1 bedroom with den/ 1 bathroom. There are stairways on the east and west sides of the building. The building would greatly benefit from some cosmetic and structural upgrades. The next owner could bring this building back to its original glory and reputation as one of Lakeland's most desirable assets.
The sale also includes the adjoining property at 120 E. Palmetto St, located directly behind the Wilsonian. It's a former 2 story single family home converted into a duplex, with 2 x 2 bedroom /1 bath units. Until recently, the property had two tenants, however sits vacant currently.
The property is walking distance to downtown, and Lake Hollingsworth, Lakeland's 3 mile lake, known for its magnificent homes and trail path.
*The adjacent 0.56 acre lot to the north is also for sale, please refer to the "Additional Lot" page. Contact listing agents for more information.