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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0BEDS
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9.29ACRES
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0BATHS
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01/2 BATHS
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2,346SQFT
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$853$/SQFT
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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