12500 STATE ROAD 33 Groveland, FL $ 2,000,000
12500 STATE ROAD 33
$ 2,000,000
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12500 STATE ROAD 33

Groveland, FL, 34736
$ 2,000,000
Bedrooms-- Baths-- Sq 2,346

Monthly Estimate*

$ 12,314

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Commercial Property for sale in Groveland, FL

for $2,000,000. This 2,346 square foot building was built in 1964 on a lot size of 9.29.

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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Commercial Active

Price

$ 2,000,000

Property Type

Commercial

Taxes

$ 4,746

Style

Restaurant

Lot Size

9.29

Year Built

1964

Town/City

Groveland

County/Region

Lake

MLS | Web ID

O6347931

Features
General
Sewer Septic Tank
Heating Central Heat Pump Zoned
Cooling Central Air Zoned
Utilities Phone Available Private
Roof Membrane Shingle
Appliances Dishwasher Microwave Refrigerator
Zoning CP
Security Features Closed Circuit Camera(s)
Construction Materials Block Stone Stucco
Year Built 1964
Electric 200+ Amp Service
Property Subtype Restaurant
Tax Year 2024
Ownership Corporation
Accessibility Accessible Doors Accessible Entrance Visitor Bathroom
Additional Parcels Description 01-22-24-5100-037-00001 01-22-24-5100-037-00000
County Lake
New Construction false
Property Type Commercial Sale
Energy Efficient Thermostat Water Heater
Subdivision Name EDGES SUB
Facing Direction Southwest
Building Features Bathrooms Extra Storage Fencing Furnished Kitchen Facility Outside Storage Seating
Other Structures Other Outbuilding
Status Active
Directions 50W to Groveland. Turn Left onto State Road 33. Follow down 2 miles the property is on the Right.
City GROVELAND
MLS Area 34736 - Groveland
Lot Size Units Acres
Lot Size Square Feet 404909
Listing Terms Cash
Tax Annual Amount 4746
Additional Parcels Y/N true
Virtual Tour https://my.matterport.com/show/?m=24u8XKXXyKt&mls=1
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 20
Legal Description EDGE'S SUB LOT 20 PB 4 PG 37 ORB 3255 PG 1956 ORB 3315 PG 245
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Flooring Ceramic Tile Porcelain Tile Slate
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Total Baths 0
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Exterior
Vegetation Mature Landscaping Oak Trees
Parking Features Deeded Ground Level Over 30 Spaces RV Parking
Lot Features Corner Lot Street Lights
Water Source Well
Lot Size Area 9.2954
Foundation Details Slab
Number of Buildings 4
Building Area Total 3066
Lot Dimensions 716 x 724 x 651 x 480
Lot Size Acres 9.29
Road Surface Type Asphalt Paved
Waterfront Y/N false
Number of Separate Electric Meters 1
Road Frontage Type Street Lights City Street State Road
Number of Lots 3
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Century 21 Carioti

Broker

David@DavidDorman.com

Email

Affordability Calculator

$12,710
Per Month
97%
3%
0%
Monthly Principal & Interest
$12,314
Monthly Property Taxes
$396
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$2,000,000 Listed Price

Map


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12500 STATE ROAD 33, Groveland, FL, 34736 is a Commercial Property for sale at $2,000,000 with 2,346 sqft and a lot size of 9.29. 12500 STATE ROAD 33 was built in 1964. The property's zip code is 34736 which is in Groveland, FL