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. Can be bought as a whole, or individually. 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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