$635,000 $234/sf Earn $12,700
$635,000
Credit Back up to $12,700*
$234.32/sf
Active - Business for sale
Introducing 380 S Lake Shore Way (Hwy 17-92), Lake Alfred - an outstanding opportunity in the vibrant downtown redevelopment district of Lake Alfred, Florida. This almost-half-acre property boasts a prime location on a busy highway with 55,000 daily car counts and with easy access to major cities and recreational spots. Direct access to I-4, Orlando, and Disney, and close proximity to Winter Haven's Chain of Lakes ensure endless possibilities for residents and visitors alike. Dollar Tree, Dunkin Donuts, and Ace Hardware are within blocks. Other retailers are on the horizon with a 3-acre development planned diagonally across the street (see photo).The property features commercial/industrial zoning and a well-maintained 2800 sq ft building, ideal for retail, restaurant, hotel, or office space. With a high potential cash flow this property offers a lucrative investment opportunity. Don't miss out on this chance to own a piece of Central Florida's thriving real estate market. Price: $635,000 for both parcels. The town of Lake Alfred is currently underserved for restaurants, drug stores, hotels, dentists, and general retail for the rate in which it is growing in population! This is a Golden Opportunity to seize the moment as the town expands. EASY zoning for restaurant, and the town really needs a seafood place or steakhouse!! Current retail business an be negotiated separately directly with Seller.
MLS: #TB8371593
* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.
What will my commute be?
Furnished: Unfurnished
Lot Features: Corner Lot, City Lot, Landscaped, Near Public Transit, Oversized Lot, Sidewalk
Number Of Lots: 2
Status: Active
Listed Date: 04/03/2025
Days On Market: 104
Lot Size (Square Feet): 20660
Rent Includes: []
Tenant Pays: []
Accessibility Features: Accessible Approach With Ramp, Accessible Doors, Accessible Entrance
Year Built: 1983
Building Features: Bathrooms, Fencing, On Site Shower, Outside Storage
Construction Materials: Block, Cedar
Cooling: Central Air
Flooring: Floor Brick/Stone, Floor Carpet, Floor Concrete
Foundation Details: Foundation Slab
Heating: Central
Other Structures: Storage
Property Condition: Property Condition Completed
Roof: Roof Metal
Electric: ["110 Volts"]
Sewer: Sewer Septic Needed
Utilities: Public
WaterSource: Water Source Public
Parcel Number: 262732512000000151
Tax Legal Description: Resub Of Blk 52 Of Lake Alfred Pb 10 Pg 35 Lot 15 Less N 80 Ft & Lot 16 Less N 80 Ft
Zoning: Ci
Subdivision Name: Codington Resub
MLS Area Major: 33850 - Lake Alfred
Office Name: BHHS FLORIDA PROPERTIES GROUP
Listing Agent Full Name: Sharon Stewart
List Agent MLS ID: 257003556
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