12500 State Road 33 Groveland, FL 34736

Commercial-Other MLS #: O6347931 Listed By CENTURY 21 Carioti

$2,000,000

3 half baths | 2,436 sq ft
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Property InformationDescription

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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.

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Includes income-producing + development + location stacking

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MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Appliances: Dishwasher
  • Appliances: Refrigerator
  • Area Amenities: Outdoor Activities
  • Area Description: Suburban
  • Building Area: 2436.00 SF
  • Cooling: Central A/C
  • Cross Docks: N
  • Exterior Description: Concrete Block
  • Exterior Description: Stucco
  • Exterior Description: Wood Siding
  • Exterior Living Space: Screened Porch
  • Exterior Living Space: Balcony / Lanai
  • Flooring: Ceramic
  • Flooring: Stone
  • For Auction: N
  • Half Bathrooms: 3
  • Heating - Fuel Type: Electric
  • Heating Type: Heat Pump
  • Heating Type: Forced Air
  • Kitchen Features: Kitchen Facilities
  • Level Number: 1
  • Lot Description: Access Type - Road
  • Lot Description: Corner
  • Lot Size Desc: 5-10 Acres
  • Lot Size In Text: 9.29 Acres
  • MLSID: O6347931
  • Parking Places: 30
  • Price Upon Request: N
  • Property Use: Use in a Business
  • Road Type: City / Town Street
  • Road Type: State Road
  • Roof: Tar & Gravel
  • Sewer: Septic
  • Style: Other Style
  • Sublease: N
  • Tax Year: 2024
  • Taxes: $4746.00
  • Water: Well
  • Year Built: 1964

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12500 State Road 33, Groveland, FL 34736
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