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12500 STATE ROAD 33, GROVELAND, FL 34736
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$2,000,000
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Home Details for 12500 STATE ROAD 33
Price
$2,000,000
Type
Commercial/Industrial
Year Build
1964
Sq. Ft.
2346
Lot Size
9.29
County
Lake
Tax
$4,746
MLS®️ Listing#
O6347931
On exitrealty.com
95 days
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:Â an operating business today and a development play for tomorrow.
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- 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: 2025-10-16 07:45:40
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