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    12500 State Road 33
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    PRICED AT ONLY: $1,800,000

    Address: 12500 State Road 33, GROVELAND, FL 34736

    Description

    **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.
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    • MLS#: O6347931 ( Commercial Sale )
    • Street Address: 12500 State Road 33
    • Viewed: 143
    • Price: $1,800,000
    • Price sqft: $587
    • Waterfront: No
    • Year Built: 1964
    • Bldg sqft: 3066
    • Days On Market: 219
    • 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
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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
    • Views: 143
    • Zoning Code: CP

    Contact Info

    1. We are the World
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