Active

$2,550,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 3062 sq ft
Overview
  • ID: MFRS5143879
  • Bedrooms:
  • Bathrooms: 0
  • Size: 3062 sq ft
Property Details
Remarks
COMMERCIAL INVESTORS WANTED, Over 1.53 ACRES combined! Two Parcels. Three Income Streams. An Iconic Highway Presence, all positioned directly beside U.S. HIGHWAY 192 in the BOOMING city of St.Cloud Florida. With over 41,000+ vehicles per day (peaks exceeding 55,000), this high-visibility commercial offering includes the following; A Fully Equipped Convenience Store + 2BR/1BA Waterfront Residence, the Cozy Cove Motel and Bar (8-Unit Motel + Full Bar & Entertainment Venue)**All parcels are commercially zoned — no rezoning contingencies, no entitlement delays. PARCEL ONE (CODE 1113): A Waterfront Convenience Store + Residential Unit. A long-standing draw in the St. Cloud / Osceola corridor for 55+ years, this established operation offers you a Fully equipped and stocked retail store, Commercial kitchen area, Walk-in freezers, Ample on-site parking, and Direct canal access at rear of property. But wait, there is more on this property than just the store. You have a canal/waterfront 2 Bedroom / 1 Bath residence. Both units have lake access to the Alligator Chain of Lake system. A Unique differentiator with this property: patrons can arrive by boat directly from the lake system. There is no comparable retail/bar/motel combination in the immediate trade area with both highway frontage and navigable canal access. PARCEL TWO (CODE 3911): The Iconic Cozy Cove Motel & Bar. A recognized landmark along the 192 corridor, the Cozy Cove delivers immediate income and an entertainment upside. The Bar & Venue Features the following; Full liquor bar, Commercial kitchen, Walk-in freezers, Dedicated office space, DJ booth with surround sound, lighting system, Pool table area and an Established customer base. The Motel Component has; 8 units with a Weekly rental model. They are currently Fully occupied. This property is Income producing on Day One! You may Maintain current operations for stable cash flow or reposition/redevelop to match your vision for the corridor’s continued growth. Here are some Investment Highlights to consider; Prime US-192 frontage 41K–55K VPD exposure, Dual parcel flexibility, Canal + lake system access, Mixed-use income streams, 55+ year operating history, Commercial zoning in place, and Immediate cash flow, This is not just a property — It is a generational roadside and waterfront landmark in one of Central Florida’s most traveled corridors. Qualified buyers only please. Private showings by appointment. Call directly to schedule your tour.
Financial Considerations
Price:
$2,550,000
HOA Fee:
N/A
Tax Amount:
$8130.85
Price per SqFt:
$395.35
Tax Legal Description:
EL RANCHO PARK ADDN BLK B PB 1 PG 415 LOTS 6, 7 & 8 & INTEREST IN BEACH LOT 14 BLK G
Exterior Features
Lot Size:
38507
Lot Features:
Waterfront
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Parking Spaces - 6 to 12, Parking Spaces - 13 to 18, Parking Spaces - 19 to 30
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air, Other, Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Business
Style:
N/A
Year Built:
1965
Construction Type:
Block, Brick, Other
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    5800 ALLIGATOR LAKE SHR W
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