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12500 State Road 33

$2,000,000

12500 State Road 33, Groveland, FL 34736

Active
Last Updated: 10/06/2025

2,436 sqft

Building Size

9.29 acres

Lot Area

Details:
Building Size:    2,436 sqft
Lot Area:    9.29 acres
Year Built:    1964
MlsNumber:    O6347931
Floors:    1
Parking Spots:    30
Baths:    3
Highlights:
  • Annual Tax: $ 4746.0
  • Appliances: Dishwasher
  • Exterior Description: Concrete Block
  • Lot Description: Corner
  • Area Amenities: Outdoor Activities
  • Exterior Living Space: Balcony / Lanai
  • Age: Over 50 Years Old
  • Road Type: State Road
  • Flooring: Ceramic
  • Cooling: Central A/C
  • Heating Type: Forced Air
  • Sewer: Septic
  • Water: Well
  • Heating Fuel Type: Electric
  • Lot Size: 5-10 Acres
  • Roof: Tar & Gravel
  • Area Description: Suburban
  • Kitchen Features: Kitchen Facilities
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.


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