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518 Memorial Boulevard, FL
Stellar MLS

$525K

518 Memorial Boulevard

Lakeland, FL 33801

Listing updated: August 16, 2026 at 10:33 AM ET

Active
Stellar MLSListing courtesy of Coldwell Banker Realty · David Plasencia, LLC · MLS #O6421987 · Active · 407-647-1211
4,912
Building SF
0.43
Acres
1970
Built
$106.88
Per SF
Restaurant$106.88/SF360° tour
Restaurant

Property type

1970

Year built

4,912 SF

Building size

9,405 sqft

Lot size

$106.88

Price / SF

C-2

Zoning

37

Days on market

About this property

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.

Virtual tour

Facts & features

Property type
Commercial Sale
Sub type
Restaurant
Status
Active
Days on market
37
Subdivision
Bon Air Add
County
Polk
Year built
1970
Building area
4,912 sq ft
Price/sq ft
$106.88
Lot size
9,405 sq ft
Buildings
1
Road frontage
Business District, City Street
Annual taxes
$3K (2025)
Parcel #
24-28-07-171000-005040
Zoning
C-2
MLS #
O6421987

Utilities

Utilities
Electricity Available, Natural Gas Available, Public, Water Connected
Water source
Public
Sewer
Public Sewer

Listing details

Listing date
2026-07-10
On market date
2026-07-10
Original list price
$559K
MLS area
33801 - Lakeland
Status changed
2026-07-10
Tax legal description
BON AIR ADD PB 1 PGS 114 & 115 BLK 5 LOT 4 LESS HWY

Location

Directions

From the surrounding Lakeland area, travel along E. Memorial Boulevard (US-92) toward downtown Lakeland. Continue on E. Memorial Boulevard until you reach 518 E. Memorial Hwy., Lakeland, FL 33801. The property is located on the right-hand side of the road, just east of N. Florida Avenue, making it easily accessible from the main roadway.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of August 16, 2026 at 10:33 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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518 Memorial Boulevard — $525K | MaxLife Commercial