Active

$635,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 2710 sq ft
Overview
  • ID: MFRTB8371593
  • Bedrooms:
  • Bathrooms: 0
  • Size: 2710 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$635,000
HOA Fee:
N/A
Tax Amount:
$2519.63
Price per SqFt:
$222.96
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
Exterior Features
Lot Size:
20660
Lot Features:
Corner Lot, City Limits, Landscaped, Near Public Transit, Oversized Lot, Sidewalk, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Over 30 Spaces
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
Brick, Carpet, Concrete
Levels:
One
Additional Features
Property Sub Type:
Retail
Style:
N/A
Year Built:
1983
Construction Type:
Block, Cedar
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    380 LAKE SHORE WAY S
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