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--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.
| DAYS ON MARKET | 47 | LAST UPDATED | 10/1/2025 |
|---|---|---|---|
| TRACT | EDGES SUB | YEAR BUILT | 1964 |
| COMMUNITY | 34736 - Groveland | COUNTY | Lake |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Zoned |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Microwave, Refrigerator |
| AREA | 34736 - Groveland |
| CONSTRUCTION | Block, Stone, Stucco |
| EXTERIOR | Storage |
| HEAT | Central, Heat Pump, Zoned |
| LOT | 9.29 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 716x724x651x480 |
| PARKING | Deeded, RV Access/Parking |
| SEWER | Septic Tank |
| STORIES | 1 |
| SUBDIVISION | EDGES SUB |
| TAXES | 4746 |
| UTILITIES | Phone Available |
| WATER | Private, Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing provided by David Dorman, CENTURY 21 CARIOTI, 407-573-2121
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/17/25 12:08 AM PST.
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