Dakota Cowell
12500 STATE ROAD 33, Groveland, FL, 34736
1964
2,346 sqft
--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.
Status:
Active
Type:
Commercial
Complex:
EDGES SUB
Garage:
Deeded, Ground Level, Over 30 Spaces, RV Parking
Heating:
Central, Heat Pump, Zoned
Cooling:
Central Air, Zoned
Energy Features:
Thermostat, Water Heater
Levels:
1
Lot Size:
716 x 724 x 651 x 480
Acreage:
9.29
Est. Taxes:
$4,746
Construction
Block, Stone, Stucco
Utilities
Phone Available, Private
Lot Description:
Corner Lot, Street Lights
Days on Market:
15
Appliances:
Dishwasher, Microwave, Refrigerator
MLS #:
O6347931
Community Info
School Info
Walk Score
Yelp
Listing courtesy of CENTURY 21 CARIOTI 407-573-2121