228 S Lake Shore Way, Lake Alfred, FL 33850
- $900,000
- 1,677
- SqFt
- List Price
- $900,000
- Status
- Active
- Days on Market
- 68
- Price Change
- ▼ $450,000 1700876734
- MLS#
- S5092011
- Property Style
- Restaurant
- Year Built
- 1962
- Living Area
- 1,677
- Lot Size
- 21,780
- Acres
- 0.58
- Total Acreage
- 1/2 to less than 1
- Legal Subdivision Name
- Lake Alfred Rep
- MLS Area Major
- Lake Alfred
Property Description
NEW PRICE IMPROVEMENT!! w/Seller Financing available. Real Estate Property in Lake Alfred, FL. Prime Location: Nestled on the bustling major highway of 17-92, this restaurant enjoys high visibility and a well-established clientele. New York Italian Style: With 17 years of serving Lake Alfred, locally known. The restaurant has closed as of 10/23/23 after being in business for 17 yrs serving Lake Alfred. Selling Assets. Per Seller Rental Income: As an added bonus, the property also includes a rental unit that generates $900.00 per month in rental income, contributing to your bottom line. Per the Seller: Last year, the restaurant generated a provable net profit of $200,000. With a few strategic tweaks, you have the potential to significantly increase your earnings. Lake Alfred is experiencing rapid growth, and the demand for dining options is on the rise. This is your opportunity to meet that demand and capitalize on the town's expansion. Excellent Accessibility: Lake Alfred's strategic location offers easy access to major East/West and North/South routes via the I-4 and U.S. Hwy 27 corridors. You'll be perfectly positioned between Tampa, Orlando, and Miami. Seize the moment and contact us today! Your future awaits in the growing gem of Polk County! Contact us now to arrange a viewing and explore this exceptional opportunity. Bldg#1 & Bldg#2 Sq Ft have been taken from public record therefore added for the purpose of this listing.
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Additional Information
- Taxes Annual
- $2657
- Location
- Central Business District, Fire Hydrant, Sidewalk, Street Lights, Paved
- Community Features
- No Deed Restriction
- Zoning
- C-2
- Appliances
- Refrigerator
- Utilities
- Electricity Available, Natural Gas Available, Water Connected
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Concrete
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Parking Spaces - 13 to 18
- Flood Zone Code
- x
- Parcel ID
- 26-27-32-507000-000062
- Legal Description
- REPLAT OF N1/2 OF BLK 43 OF LAKE ALFRED PB 10 PG 37 LOTS 6 THRU 8 S 15 FT LESS E 6 FT OF LOT 6 & W 140 FT OF 9 & NLY 7 FT OF ELY 12.7 FT OF WLY 152.7 FT OF LOT 9/PID:26-27-32-507000-000062 and REPLAT OF N1/2 OF BLK 43 OF LAKE ALFRED PB 10 PG 37 LOT 5 S 15 FT W 45 FT & LOT 9 LESS W 140 FT & LESS E 5 FT THEREOF & LESS NLY 7 FT/ PID: 262732507000000051
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Listing courtesy of LPT REALTY.
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