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$2,000,000 - 12500 State Road 33, GROVELAND

-
Bedrooms
-
Baths
2,346
SQ. Feet
9.29
Acres

--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.

Essential Information

  • MLS® #:
    O6347931
  • Price:
    $2,000,000
  • Bathrooms:
    0.00
  • Square Footage:
    2,346
  • Acres:
    9.29
  • Year Built:
    1964
  • Type:
    Commercial Sale
  • Sub-Type:
    Restaurant
  • Status:
    Active

Community Information

  • Address:
    12500 State Road 33
  • Area:
    Groveland
  • Subdivision:
    EDGES SUB
  • City:
    GROVELAND
  • County:
    Lake
  • State:
    FL
  • Zip Code:
    34736

Amenities

  • Parking:
    Deeded, Ground Level, Over 30 Spaces, RV Access/Parking

Interior

  • Appliances:
    Dishwasher, Microwave, Refrigerator
  • Heating:
    Central, Heat Pump, Zoned
  • Cooling:
    Central Air, Zoned
  • # of Stories:
    1

Exterior

  • Lot Description:
    Corner Lot, Street Lights
  • Roof:
    Membrane, Shingle
  • Foundation:
    Slab

Additional Information

  • Days on Market:
    90
  • Zoning:
    CP

Listing Details

  • Listing Office:
    Century 21 Carioti

Listing information courtesy of Century 21 Carioti.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on December 30th, 2025 at 3:04am EST.