12500 STATE ROAD 33 at

12500 STATE ROAD 33

For sale Days on market 180

$2,000,000

$853/sq ft

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Overview

Year Built

1964

Sqft

2346

Property Type

Restaurant

Property Description

Here’s a **fully rewritten, SEO-optimized version** designed to perform on **Zillow, Realtor.com, Google, and AI search platforms**—clean, keyword-rich, and positioned for both investors and developers: --- **Groveland Florida Commercial Land for Sale | 9+ Acres on State Road 33 | Income-Producing Property with Restaurant** Rare opportunity to acquire **9+ acres of commercial land in Groveland, Florida** with **existing income-producing use** and significant future development potential. Located directly on **State Road 33**, this high-visibility **corner parcel** sits within one of Central Florida’s fastest-growing corridors, offering strong long-term upside for investors, developers, and owner-users. The property is currently home to the well-established **Red Wing Restaurant**, a recognized local destination generating **ongoing cash flow**. The existing improvements include a fully operational restaurant building with **indoor dining and a large screened banquet/event space**, supporting private events, group gatherings, and expanded seating capacity. While the current business provides immediate income, the true value lies in the **scale, location, and flexibility of this 9+ acre commercial site**. Key highlights include: * **9+ acres of commercial land in Groveland Florida** * **High-visibility frontage on State Road 33** * **Operating restaurant with established customer base** * **Large corner lot with excellent access and exposure** * **Income-producing asset with future redevelopment potential** This property is well-positioned for a wide range of **commercial and hospitality uses**, including: * Expansion of the existing restaurant or redevelopment into a larger dining destination * Development of a **wedding venue, event barn, or agritourism concept** * Creation of a **farm-to-table restaurant or hospitality experience** * Mixed-use or commercial development aligned with surrounding growth Located in Groveland within rapidly expanding **Lake County**, this site benefits from increasing residential density, rising demand for commercial services, and proximity to major Central Florida markets including Clermont, Minneola, and Orlando. Large-acreage commercial parcels with **existing income and development potential** are becoming increasingly difficult to find in this area. This offering provides a unique combination of **current cash flow, prime location, and long-term investment upside**. If you are searching for **commercial land for sale in Groveland Florida**, a **restaurant property with land**, or a **development opportunity in Lake County**, this property stands out as a high-potential investment. - ---

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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