2,346 SqFt
2,346 SqFt
Key Details
Property Type Commercial
Sub Type Restaurant
Listing Status Active
Purchase Type For Sale
Square Footage 2,346 sqft
Price per Sqft $852
Subdivision Edges Sub
MLS Listing ID O6347931
HOA Y/N No
Year Built 1964
Annual Tax Amount $4,746
Lot Size 9.290 Acres
Acres 9.29
Lot Dimensions 716x724x651x480
Property Sub-Type Restaurant
Source Stellar MLS
Property Description
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**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 Florida's 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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Location
State FL
County Lake
Community Edges Sub
Area 34736 - Groveland
Zoning CP
Interior
Heating Central, Heat Pump, Zoned
Cooling Central Air, Zoned
Flooring Ceramic Tile, Tile, Slate
Appliance Dishwasher, Microwave, Refrigerator
Exterior
Parking Features Deeded, Ground Level, Over 30 Spaces, RV Access/Parking
Utilities Available Phone Available, Private
Roof Type Membrane,Shingle
Building
Lot Description Corner Lot, Street Lights
Story 1
Foundation Slab
Lot Size Range 5 to less than 10
Sewer Septic Tank
Water Well
Structure Type Block,Stone,Stucco
New Construction false
Others
Ownership Corporation
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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