12500 State Road 33, GROVELAND, FL 34736

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  • MLS#: O6347931 ( Commercial Sale )
  • Street Address: 12500 State Road 33
  • Viewed: 109
  • Price: $2,000,000
  • Price sqft: $652
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 3066
  • Days On Market: 181
  • Acreage: 9.29 acres
  • 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
    Heres a **fully rewritten, SEO optimized version** designed to perform on **Zillow, Realtor.com, Google, and AI search platforms**clean, keyword rich, and positioned for both investors and developers: **Groveland Florida Commercial Land for Sale | 9+ Acres on State Road 33 | Income Producing Property with Restaurant** Rare opportunity to acquire **9+ acres of commercial land in Groveland, Florida** with **existing income producing use** and significant future development potential. Located directly on **State Road 33**, this high visibility **corner parcel** sits within one of Central Floridas fastest growing corridors, offering strong long term upside for investors, developers, and owner users. The property is currently home to the well established **Red Wing Restaurant**, a recognized local destination generating **ongoing cash flow**. The existing improvements include a fully operational restaurant building with **indoor dining and a large screened banquet/event space**, supporting private events, group gatherings, and expanded seating capacity. While the current business provides immediate income, the true value lies in the **scale, location, and flexibility of this 9+ acre commercial site**. Key highlights include: * **9+ acres of commercial land in Groveland Florida** * **High visibility frontage on State Road 33** * **Operating restaurant with established customer base** * **Large corner lot with excellent access and exposure** * **Income producing asset with future redevelopment potential** This property is well positioned for a wide range of **commercial and hospitality uses**, including: * Expansion of the existing restaurant or redevelopment into a larger dining destination * Development of a **wedding venue, event barn, or agritourism concept** * Creation of a **farm to table restaurant or hospitality experience** * Mixed use or commercial development aligned with surrounding growth Located in Groveland within rapidly expanding **Lake County**, this site benefits from increasing residential density, rising demand for commercial services, and proximity to major Central Florida markets including Clermont, Minneola, and Orlando. Large acreage commercial parcels with **existing income and development potential** are becoming increasingly difficult to find in this area. This offering provides a unique combination of **current cash flow, prime location, and long term investment upside**. If you are searching for **commercial land for sale in Groveland Florida**, a **restaurant property with land**, or a **development opportunity in Lake County**, this property stands out as a high potential investment.
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
  • Views: 109
  • Zoning Code: CP
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