$989,000

12500 State Road 33

GROVELAND FL, 34736

Description

Established restaurant since 1948 located in the Green Swamp Rural district of South Lake County. This restaurant sits on NINE acres and consists of three parcels of which two parcels are zoned CP(planned commercial) and the largest parcel zoned AG(agriculture). All three parcels hold a FLU (Future Land Use) of Green Swamp Rural. The restaurant features seating for forty-two and has plenty of room for future expansion! There are five outbuildings of which one holds the walk in cooler and the others are not utilized by the restaurant, but is use by the small farm located on the AG parcel. Lots of UPSWING potential here as the zoning does allow for a number of uses, including a landscape NURSERY. With 2500 sq ft under the roof, you could explore the possibility of obtaining a liquor license. You could even apply for a conditional use permit and/or open air vendor agreement and expand your opportunities with a petting zoo, seasonal pumpkin patch, holiday tree stand, orange & honey sales or even fishing pond. Owners will even include the current phone number of OVER TWENTY FIVE years in the purchase. COME see the incredible opportunities this property has to offer!

Details

MLS#G5014368
StyleIndustrial
Sub-TypeResale
StatusActive
Year1948
Days On Site247

Features

SQ Feet2,500
Story(s)1
ZoningCP

Market Activity 34736

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Area Information

StateFL
CountyLake
CityGROVELAND
Zip Code34736
Area34736 - Groveland
Listing VS Median (in 34736)
Price:
$989,000
low | high
Med:
$272,034
100% of Average
SqFt:
2,500
low | high
Med:
2,103
65.88% of Average
$ / SqFt:
$396
low | high
Med:
$129
100% of Average
On Site:
247
low | high
Med:
88
100% of Average
Listing Updated: 12/10/2019
MLS Number: G5014368
Listing Provided By:
Karin Arellano  of  ARELLANO REALTY INVESTMENTS

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