1. Florida
  2. Groveland
  3. 12500 STATE ROAD 33
$2,000,000

12500 STATE ROAD 33, Groveland, FL 34736

  • 2,346 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon9.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $853/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

--9+ Acres of Prime Commercial Land with Income-Producing Restaurant-- This offering combines a rare large corner parcel in Groveland with an established business already in place. Located on State Road 33, just minutes from major Central Florida growth corridors, this 9+ acre property provides a unique opportunity for investors and developers seeking land with built-in income potential. The site currently operates as the Red Wing Restaurant, a well-known local landmark. The building features indoor seating plus an outdoor screened banquet enclosure, supporting private parties and group events. The restaurant delivers ongoing cash flow and immediate use, yet its actual value is in the property’s scale and versatility. With over 9 acres available, future possibilities include: Restaurant expansion to capture regional demand, Development of a large barn or event venue for weddings and gatherings, A farm-to-table hospitality concept that leverages the acreage, Alternative commercial, hospitality, or mixed-use projects benefiting from strong area growth. As Lake County continues to see rapid residential and commercial expansion, parcels of this size are becoming increasingly scarce. This property provides the best of both worlds: an operating business today and a development play for tomorrow.

Listing Status:
Active
Date Added:
October 1, 2025 at 05:00AM
Listing Office:
CENTURY 21 CARIOTI : 407-573-2121
Listing Agent:
David Dorman : 407-948-8295
MLS ID:
O6347931
  • Appliances: DishwasherMicrowaveRefrigerator
  • Flooring: Ceramic TilePorcelain TileSlate
  • A/C: Central AirZoned
  • Heating: CentralHeat PumpZoned
  • Disability Feature: Accessible DoorsAccessible EntranceVisitor Bathroom
  • Eco/Green Feature: ThermostatWater Heater
  • General: OtherOutbuilding
  • Parking: DeededGround LevelOver 30 SpacesRV Parking
  • Roofing: MembraneShingle
  • Windows: Blinds
  • General: BlockStoneStuccoSlab
  • Road/Access: Street LightsCity StreetState Road
  • Originating MLS: Stellar MLS
  • County: Lake
  • Zoning: CPEDGE'S SUB LOT 20 PB 4 PG 37 ORB 3255 PG 1956 ORB 3315 PG 245312225010000002000
  • Utilities: Phone AvailablePrivate200+ Amp Service
  • Water: Well
  • Sewer: Septic Tank
  • Source: Stellar MLS

This listing courtesy of David Dorman, CENTURY 21 CARIOTI

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Groveland Elementary School

930 Parkwood Ave, Groveland, FL, 34736

Grades PK-5

1.76 miles away

C

Cecil E. Gray Middle School

205 E Magnolia St, Groveland, FL, 34736

Grades 6-8

2.00 miles away

S

South Lake High School

15600 Silver Eagle Rd, Groveland, FL, 34736

Grades 9-12

3.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.