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Restaurant - LAKE ALFRED REP for Sale

228 S LAKE SHR, LAKE ALFRED, FL 33850

Asking Price$1,150,000 Change Price$250,000

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  • Days on market:

    428 day(s)
  • Original Price:

    $1,350,000
  • Price per sqft:

    $685.75
  • Tax Legal Description:

    REPLAT OF N1/2 OF BLK 43 OF LAKE ALFRED PB 10 PG 37 LOTS 6 THRU 8 S 15 FT LESS E 6 FT OF LOT 6 & W 140 FT OF 9 & NLY 7 FT OF ELY 12.7 FT OF WLY 152.7 FT OF LOT 9/PID:26-27-32-507000-000062 and REPLAT OF N1/2 OF BLK 43 OF LAKE ALFRED PB 10 PG 37 LOT 5 S 15 FT W 45 FT & LOT 9 LESS W 140 FT & LESS E 5 FT THEREOF & LESS NLY 7 FT/ PID: 262732507000000051
  • Tax Year:

    2022
  • Property Type:

    Restaurant
  • Parking:

    13 to 18 Spaces
  • Construction Type:

    BlockConcrete
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Equipment/Appliances:

    Refrigerator
  • Special Listing Conditions:

    None
  • Lot Features:

    Central Business District Sidewalk Street Lights Fire Hydrant

Description

$1,150,000 • living size area 1677 sqft

New price, reflecting the exceptional value and income-generating potential of this property. don't miss this rare opportunity to own a versatile commercial property with existing rental income and the opportunity for further expansion. located in growing lake alfred, florida! property highlights- excellent location accessibility: lake alfred's strategic location offers easy access to major east/west and north/south routes via the i-4 and u.s. hwy 27 corridors. you'll be perfectly positioned between tampa, orlando. property is located on two parcels, boast of three buildings that offer a diverse range of possibilities, currently building #1 this investment opportunity is secured with a five-year lease option to renew. don't miss out on this, a going concern, business, and great potential, thanks to the new concept of sal's pizzeria and leased, generating $3000 per month, step into this inviting indoor pizzeria, boasting 35 seats, and experience the finest culinary delights lake alfred has to offer. building#2 is tenant occupied on a month to month basis, providing steady rental income of $900 a month. building #3 is being used as personal use/storage. to learn more about this exciting opportunity, including financial details and to ensure confidentiality, please call us to request a non-disclosure agreement (nda). take the first step towards a prosperous future by exploring this exceptional investment in lake alfred, florida.
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