12500 State Road 33, GROVELAND, FL 34736
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  • MLS#: O6347931 ( Commercial Sale )
  • Street Address: 12500 State Road 33
  • Viewed: 4
  • Price: $2,000,000
  • Price sqft: $652
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 3066
  • Days On Market: 5
  • Additional Information
  • Geolocation: 28.5287 / -81.8475
  • County: LAKE
  • City: GROVELAND
  • Zipcode: 34736
  • Subdivision: Edges Sub
  • Provided by: CENTURY 21 CARIOTI
  • Contact: David Dorman
  • 407-573-2121
  • mfrmls
  • DMCA Notice
  • Description
    9+ Acres of Prime Commercial Land with Income Producing Restaurant This offering combines arare large corner parcel in Grovelandwith an established business already in place. Located onState Road 33, just minutes from major Central Florida growth corridors, this9+ acre propertyprovides a unique opportunity for investors and developers seeking land with built in income potential. The site currently operates as theRed Wing Restaurant, a well known local landmark. The building featuresindoor seating plus anoutdoor screened banquet enclosure, supporting private parties and group events. The restaurant delivers ongoing cash flow and immediate use, yet its actual value is in the propertys scale and versatility. With over 9 acres available, future possibilities include: Restaurant expansionto capture regional demand, Development of alarge barn or event venuefor weddings and gatherings, Afarm to table hospitality conceptthat leverages the acreage, Alternative commercial, hospitality, or mixed use projectsbenefiting from strong area growth. As Lake County continues to see rapid residential and commercial expansion, parcels of this size are becoming increasingly scarce. This property provides the best of both worlds:an operating business today and a development play for tomorrow.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Ceramic Tile, Tile, Slate
  • Living Area: 2346.00
  • Other Structures: Other, Outbuilding
  • Roof: Membrane, Shingle
Land Information
  • Lot Features: Corner Lot, Street Lights
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Deeded, Ground Level, Over 30 Spaces, RV Access/Parking
Eco-Communities
  • Green Energy Efficient: Thermostat, Water Heater
  • Water Source: Well
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Zoned
  • Electric: 200+ Amp Service
  • Heating: Central, Heat Pump, Zoned
  • Road Frontage Type: City Street, State Road
  • Sewer: Septic Tank
  • Utilities: Phone Available, Private
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Accessibility Features: Accessible Doors, Accessible Entrance, Visitor Bathroom
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Country: US
  • Legal Description: EDGE'S SUB LOT 20 PB 4 PG 37 ORB 3255 PG 1956 ORB 3315 PG 245
  • Area Major: 34736 - Groveland
  • Occupant Type: Owner
  • Parcel Number: 31-22-25-0100-000-02000
  • Zoning Code: CP