228 S Lake Shore Way, Lake Alfred, FL 33850

$1,150,000
1,677
SqFt
List Price
$1,150,000
Status
Active
Days on Market
360
Price Change
▲ $250,000 1720680278
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, reflecting the exceptional value and income-generating potential of this property. Don't miss this rare opportunity to own a VERSATILE COMMERCIAL PROPERTY with existing rental income and the opportunity for further expansion. Located in growing Lake Alfred, Florida! Property Highlights- EXCELLENT LOCATION 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. Property is located on TWO PARCELS, BOAST OF THREE BUILDINGS that offer a diverse range of possibilities, currently BUILDING #1 This investment opportunity is secured with a five-year lease option to renew. Don't miss out on this, A going concern, business, and great potential, thanks to the new concept of Sal's Pizzeria AND LEASED, GENERATING $3000 per month, Step into this inviting indoor pizzeria, boasting 35 seats, and experience the finest culinary delights Lake Alfred has to offer. BUILDING#2 is tenant occupied on a month to month basis, providing steady rental income of $900 a month. BUILDING #3 is being used as personal use/storage. To learn more about this exciting opportunity, including financial details and to ensure confidentiality, please call us to request a Non-Disclosure Agreement (NDA). Take the first step towards a prosperous future by exploring this exceptional investment in Lake Alfred, Florida.

Additional Information

Taxes Annual
$2657
Location
Central Business District, Fire Hydrant, Sidewalk, Street Lights, Paved
Community Features
No Deed Restriction
Property Description
One Story
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

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of LPT REALTY.

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