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.
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.
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
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 3
New Listings & Price Reduction Updates sent directly to your email
Create Your Own Property Search saved for your return visit.
"Like" Listings and Create a Favorites List
* NOTICE: By creating your free profile, you authorize us to send you periodic emails about new listings that match your saved searches and related real estate information.If you provide your telephone number, you are giving us permission to call you in response to this request, even if this phone number is in the State and/or National Do Not Call Registry.