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12500 State Road 33, Groveland, FL 34736

$2,000,000

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Property Description

--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.

12500 State Road 33 | MLS# O6347931

This commercial property located at 12500 State Road 33, Groveland, FL 34736 is currently listed for sale with an asking price of $2,000,000. Search Groveland real estate on www.watsonrealtycorp.com today.

Property Features

Property Type: Commercial -
Cooling: Central Air, Zoned
Heating: Central, Heat Pump, Zoned
Lot Size: 9.29 Acres
Roof Type: Membrane, Shingle
Stories: 1.0
Taxes: $4,746
Year Built: 1964
Square Feet: 3,066

Feature Descriptions

Accessibility Features: Accessible Doors, Accessible Entrance, Visitor Bathroom
Appliances: Dishwasher, Microwave, Refrigerator
Building: Bathrooms, Extra Storage, Fencing, Furnished, Kitchen Facility, Outside Storage, Seating
Days on Site: 152
Directions: 50W to Groveland. Turn Left onto State Road 33. Follow down 2 miles, the property is on the Right.
Energy Efficient: Thermostat, Water Heater
Exterior: Block, Stone, Stucco
Flood Zone Code: X
Flooring: Ceramic Tile, Tile, Slate
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Corner Lot, Street Lights
Lot Dimensions: 9.29
Other Equipment: Grease Trap
Other Structures: Other, Outbuilding
Ownership: Corporation
Parking: Deeded, Ground Level, Over 30 Spaces, RV Access/Parking
Parking Notes: Deeded, Ground Level, Over 30 Spaces, RV Access/Parki
Property Attached Y/N: No
Property Sub-Type: Restaurant
Security: Closed Circuit Camera(s)
Sewer: Septic Tank
Showing Instructions: Appointment Only, Listing Agent Must Accompany, Other, See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: Phone Available, Private
Vegetation: Mature Landscaping, Oak Trees
Water: Well
Water Access Y/N: No
Windows: Blinds
Zoning: CP

Listed By / Shown By

Listed By

Agency Name: CENTURY 21 CARIOTI
Agency Contact: 407-573-2121

Shown By

Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193

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