Commercial Sale · Retail
109 N 3RD STREET, EAGLE LAKE, FL, 33839
Active216 days on marketListed Dec 19, 2025MLS #P4937338
About this property
The property at a glance
Located in the heart of Polk County within the growing town of Eagle Lake, this ±5,349 SF commercial property presents a compelling opportunity for both investors and owner-users. The site includes a 2,300 SF air-conditioned retail building, currently partially owner-occupied and partially leased to a tenant through April 2026, along with an ±280 SF storage shed. At the rear of the property is a 2,769 SF non–air-conditioned structure with a gravel floor, presently leased on a month-to-month basis to a sports/baseball training facility. Situated just one street off State Road 17, and separated only by a railroad, the property benefits from strong visibility and exposure, with the potential for prominent signage subject to approvals. State Road 17 carries an average daily traffic count of approximately 14,500 vehicles, providing excellent access and market presence. The property is zoned General Commercial, allowing for a wide range of potential uses in accordance with the town’s land use table and conditional approval requirements. This offering is well suited for an investor seeking redevelopment potential or an owner-user desiring a highly visible, centrally located, and easily accessible commercial site.
5,349
Building sq ft
$98
Price / sq ft
0.28
Lot acres
1960
Year built
3
Buildings
Retail
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$2,938/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Eric to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
4,397
Population
$93,229
Median income
31.1
Median age
3.26
Avg household
$234,600
Median home value
$1,479/mo
Median rent
625
Households w/ kids
Your team
The pros in your corner
Your agent
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 109 N 3RD STREET — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 109 N 3RD STREET.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Listing courtesy of KELLER WILLIAMS REALTY SMART 1 · David Reyes. MLS #P4937338.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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