380 LAKE SHORE WAY S

$635,000

$234/sq ft

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Overview

Year Built

1983

Sqft

2710

Property Type

Retail

Property Description

Introducing 380 S Lake Shore Way (Hwy 17-92), Lake Alfred - an outstanding opportunity in the vibrant downtown redevelopment district of Lake Alfred, Florida. This almost-half-acre property boasts a prime location on a busy highway with 55,000 daily car counts and with easy access to major cities and recreational spots. Direct access to I-4, Orlando, and Disney, and close proximity to Winter Haven's Chain of Lakes ensure endless possibilities for residents and visitors alike. Dollar Tree, Dunkin Donuts, and Ace Hardware are within blocks. Other retailers are on the horizon with a 3-acre development planned diagonally across the street (see photo).The property features commercial/industrial zoning and a well-maintained 2800 sq ft building, ideal for retail, restaurant, hotel, or office space. With a high potential cash flow this property offers a lucrative investment opportunity. Don't miss out on this chance to own a piece of Central Florida's thriving real estate market. Price: $635,000 for both parcels. The town of Lake Alfred is currently underserved for restaurants, drug stores, hotels, dentists, and general retail for the rate in which it is growing in population! This is a Golden Opportunity to seize the moment as the town expands. EASY zoning for restaurant, and the town really needs a seafood place or steakhouse!! Current retail business an be negotiated separately directly with Seller.

Property Details

MLS#

TB8371593

Total Floor in Bldg

1

Address

380 LAKE SHORE

City

LAKE ALFRED

State/county

FL

Zip/Postal Code

33850

Area

Codington Resub

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,519

Maint Fee

$--

Tax Year

2024

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