12500 STATE ROAD 33 Groveland, FL 34736
2,346 SqFt
UPDATED:
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
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.
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, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://my.matterport.com/show/?m=24u8XKXXyKt&mls=1
