Constructed for Thomas J. Parker, one of the town's earliest entrepreneurs, the Lake Wales Pharmacy was also known as Murray's Pharmacy. It is presently located at 245 E Park Avenue.

A curved parapet accentuates the roof line of this 2-part Masonry Vernacular building, an example of the most common type of masonry building found in the business districts of America's small towns during the late-19th and early 20th centuries. Generally limited to between 2 and 4 stories, 2-part commercial blocks contained 2 distinct zones which separated the interior space. The lower zone, reserved for retail space, often displayed large plate glass windows for exhibiting merchandise. The upper floors were used for offices or apartments.