FL
Lake
GROVELAND
34736
12500 STATE ROAD 33
12500 STATE ROAD 33, GROVELAND, FL 34736
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Listing Type
Commercial/Industrial
Listing Status
Active
30
$2,000,000

Home Details for 12500 STATE ROAD 33

Price
$2,000,000
Type
Commercial Sale
Square feet
2346
Year built
1964
Lot size acres
9.29
County
Lake
Days on site
195
MLS Listing#
O6347931
Property 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. - ---

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Property Features
  • Heating Information
    • Central
    • Heat Pump
    • Zoned
  • Cooling Information
    • Central Air
    • Zoned
  • Water Features
    • Private
    • Well
  • Parking
    • Deeded
    • RV Access/Parking
  • Utilities
    • Phone Available
Listing Courtesy: CENTURY 21 CARIOTI - 407-573-2121
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-04-29 08:00:14
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EXIT COMPASS REALTY
19700 Cochran Blvd Ste C, Port Charlotte, FL 33948
Anita Wood
License #: SL3354335
Sales Representative
Office
941 889 7299
Agent
941 916 8770
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