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$2,000,000 USD
12500 State Road 33
Groveland, Florida 34736
USA
Groveland, Florida 34736
USA
226.304 m2 ::
2,436 sqft
3 baths, 3 half baths
Commercial for Sale, Other Commercial Property
Land size: 3.76 ha ::
9.29 acres
Sale price per sqm: 8,837.36
Tax: 4,746 USD
Remarks:
--9+ Acres of Prime Commercial Land with Income-Producing Restaurant-- This offering combines a rare large corner parcel in Groveland with an established business already in place. Located on State Road 33, just minutes from major Central Florida growth corridors, this 9+ acre property provides a unique opportunity for investors and developers seeking land with built-in income potential. The site currently operates as the Red Wing Restaurant, a well-known local landmark. The building features indoor seating plus an outdoor 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 property’s scale and versatility. With over 9 acres available, future possibilities include: Restaurant expansion to capture regional demand, Development of a large barn or event venue for weddings and gatherings, A farm-to-table hospitality concept that leverages the acreage, Alternative commercial, hospitality, or mixed-use projects benefiting 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.
Features:
- Year Built: 1964
- Number of Levels: 1
- Building age: Over 50 years old
- Location: Suburban
- Construction: Concrete/Block
- Exterior Description: Stucco, Wood Siding
- Area amenities: Outdoor Activities
- Appliances: Refrigerator, Dishwasher
- Property Features: Porch-screened, Balcony
- Outdoor Space Description: Balcony, Porch-screened
- Floors: Ceramic tile
- Ceiling height: 9
- Utilities: Well, Septic tank
- Heating System: Forced Air, Electric, Heat Pump
- Cooling System: Central AC
- Lot Description: Road Access, Corner Lot
- Roofing: Tar and gravel
- Number of parking spaces: 30
- Lot size: 5 Acres - 9.99 Acres
Location:
12500 State Road 33, Groveland, Florida 34736, USA
Listed By CENTURY 21 Carioti
The Commercial for Sale, Other Commercial Property located at 12500 State Road 33, Groveland, Florida 34736, USA is currently for sale. 12500 State Road 33, Groveland, Florida 34736, USA is listed for $2,000,000 USD. This property has 3 bathrooms, 3 half baths and 2,436 sqft. If the property located at 12500 State Road 33, Groveland, Florida 34736, USA isn't what you're looking for, search Florida Real Estate to see other Commercial For Sale in Groveland.