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.
–
—
Address
Open on Google Maps-
Address: 12500 STATE ROAD 33
-
City: Groveland
-
State/county: FL
-
Zip/Postal Code: 34736
-
Country: US
Details
Atualizado em março 30, 2026 no 1:02 pm-
Property ID O6347931
-
Price $2,000,000
-
Property Size 3066 m²
-
Land Area 9.29 m²
-
Garage Size x x
-
Year Built 1964
-
Property Type Restaurant, Commercial Sale
-
Property Status Active, For Sale
Additional details
-
Listing Terms Cash
-
Roof Membrane,Shingle
-
Utilities Phone Available,Private
-
Sewer Septic Tank
-
Cooling Central Air,Zoned
-
Heating Central,Heat Pump,Zoned
-
Flooring Ceramic Tile,Tile,Slate
-
County Lake
-
Property Type Commercial Sale
-
Parking Deeded,Ground Level,Over 30 Spaces,RV Access/Parking
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees