Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1964
Sq.Footage
2,346
--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 & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Zoned
-
Heating YN
YES
-
Heating
Central, Heat Pump, Zoned
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Stone, Stucco
-
Other Exterior Features
Storage
-
Parking
Deeded, RV Access/Parking
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
9.29
-
Property Type
Commercial Sale
Price
-
Sales Price
$2,000,000
-
Tax Amount
4746.0
-
Sq. Footage
2, 346
-
Price/SqFt
$852
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Accessibility Features
Accessible Entrance, Accessible Doors, Visitor Bathroom
-
Foundation Details
Slab
-
Ownership
Corporation
-
Sewer
Septic Tank
-
Tax Lot
20
-
Water Source
Private, Well
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Lake
Elementary School
Middle School
High School
Listing Courtesy of David Dorman , CENTURY 21 CARIOTI
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
FOUNDER
DanielleUrtnowski
Call Danielle today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
