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12500 State Road 33

Groveland, FL 34736
  • $2,000,000
  • STATUS: Active
  • ON SITE: 104 Days
  • MLS #: O6347931
UPDATED: 70 min ago
$2,000,000
  • 0
    BEDS
  • 9.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,346
    SQFT
  • $853
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1964
County:
Area:

School Ratings & Info

Description

--9+ Acres of Prime Commercial Land with Income-Producing Restaurant-- This offering combines arare large corner parcel in Grovelandwith an established business already in place. Located onState Road 33, just minutes from major Central Florida growth corridors, this9+ acre propertyprovides a unique opportunity for investors and developers seeking land with built-in income potential. The site currently operates as theRed Wing Restaurant, a well-known local landmark. The building featuresindoor seating plus anoutdoor 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 expansionto capture regional demand, Development of alarge barn or event venuefor weddings and gatherings, Afarm-to-table hospitality conceptthat leverages the acreage, Alternative commercial, hospitality, or mixed-use projectsbenefiting 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.

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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-01-14T10:47:13.123.
www.clearwaterbeachhomesforsale.com/homes/168417463
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12500 State Road 33 Groveland, FL 34736

  • Price: $2,000,000
  • Status: Active
  • On Site: 104 Days
  • Updated: 70 min ago
  • MLS #: O6347931
0
Beds
0
Baths
0
½ Baths
9.29
Acres
2,346
SQFT
$853
$/SQFT
1964
Built
Neighborhood:
Edges Sub
County:
Lake
Area:
Groveland
Property Description
--9+ Acres of Prime Commercial Land with Income-Producing Restaurant-- This offering combines arare large corner parcel in Grovelandwith an established business already in place. Located onState Road 33, just minutes from major Central Florida growth corridors, this9+ acre propertyprovides a unique opportunity for investors and developers seeking land with built-in income potential. The site currently operates as theRed Wing Restaurant, a well-known local landmark. The building featuresindoor seating plus anoutdoor 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 expansionto capture regional demand, Development of alarge barn or event venuefor weddings and gatherings, Afarm-to-table hospitality conceptthat leverages the acreage, Alternative commercial, hospitality, or mixed-use projectsbenefiting 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.
Exterior Features

Adjoining Property Residential Construction Materials BlockStoneStucco Direction Faces Southwest Foundation Details Slab Lot Features Corner LotStreet Lights Lot Size Dimensions 716 x 724 x 651 x 480 Other Structures OtherOutbuilding Parking Features DeededGround LevelOver 30 SpacesRV Parking Road Frontage Type Street LightsCity StreetState Road Road Surface Type AsphaltPaved Roof MembraneShingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Accessibility Features Accessible DoorsAccessible EntranceVisitor Bathroom Appliances DishwasherMicrowaveRefrigerator Building Area Total 3066 Ceiling Height 8 to 9 Feet Ceiling Type Acoustical Cooling Central AirZoned Cooling YN Yes Flooring Ceramic TilePorcelain TileSlate Heating CentralHeat PumpZoned Heating YN Yes Sewer Septic Tank Stories Total 1 Water Source Well Window Features Blinds

Property Features

Converted Residence Yn Yes Electric 200+ Amp Service Flood Zone Code X Green Energy Efficient ThermostatWater Heater Listing Terms CashConventional New Construction Yn No Ownership Corporation Property Sub Type Restaurant Realtor Info Floor Plan AvailableSee AttachmentsSurvey Available Security Features Closed Circuit Camera(s) Special Listing Conditions None Tax Annual Amount 4746 Total Annual Fees 0 Total Monthly Fees 0 Utilities Phone AvailablePrivate Zoning CP


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of CENTURY 21 CARIOTI: 407-573-2121.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-01-14T10:47:13.123.
 
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