12500 STATE ROAD 33 at

12500 STATE ROAD 33

For sale Days on market 15

$2,000,000

$853/sq ft

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Overview

Year Built

1964

Sqft

2346

Property Type

Restaurant

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.

Property Details

MLS#

O6347931

Total Floor in Bldg

Address

12500 STATE ROAD 33

City

GROVELAND

State/county

Zip/Postal Code

34736

Area

Edges Sub

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,746

Maint Fee

$--

Tax Year

2024

Dishwasher

Microwave

Refrigerator

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