12500 STATE ROAD 33 GROVELAND FL 34736 MLS #O6347931

12500 STATE ROAD 33
GROVELAND, FL, 34736
$2,000,000
Beds
0 Baths
2,346 SqFt
9.29 Acres
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MLS #O6347931 image #0
–9+ Acres of Prime Commercial Land with Income-Producing Restaurant–
This offering combines a rare large corner parcel in Groveland with an established business already in place. Located on State Road 33, just minutes from major Central Florida growth corridors, this 9+ acre property provides a unique opportunity for investors and developers seeking land with built-in income potential.
The site currently operates as the Red Wing Restaurant, a well-known local landmark. The building features indoor seating plus an outdoor screened banquet enclosure, supporting private parties and group events. The restaurant delivers ongoing cash flow and immediate use, yet its actual value is in the property’s scale and versatility.
With over 9 acres available, future possibilities include:
Restaurant expansion to capture regional demand,
Development of a large barn or event venue for weddings and gatherings,
A farm-to-table hospitality concept that leverages the acreage,
Alternative commercial, hospitality, or mixed-use projects benefiting from strong area growth.
As Lake County continues to see rapid residential and commercial expansion, parcels of this size are becoming increasingly scarce. This property provides the best of both worlds: an operating business today and a development play for tomorrow.

Property Details

Price:
$2,000,000
MLS #:
O6347931
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Restaurant
Subdivision:
EDGES SUB
Neighborhood:
34736groveland
Listed Date:
Oct 1, 2025
Finished Sq Ft:
2,346
Total Sq Ft:
3,066
Lot Size:
404,909 sqft / 9.29 acres (approx)
Year Built:
1964
Outbuilding34736 – Groveland34736grovelandEdges Sub

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Schools

Interior

Appliances
Dishwasher, Microwave, Refrigerator
Cooling
Central Air, Zoned
Flooring
Ceramic Tile, Porcelain Tile, Slate
Heating
Central, Heat Pump, Zoned

Exterior

Construction Materials
Block, Stone, Stucco
Other Structures
Other, Outbuilding
Parking Features
Deeded, Ground Level, Over 30 Spaces, RV Parking
Roof
Membrane, Shingle
Security Features
Closed Circuit Camera(s)

Financial

Tax Year
2024
Taxes
$4,746

Map

Community

Subdivisions in GROVELAND

Market Summary

Current real estate data for Commercial in GROVELAND as of Mar 14, 2026
6
Commercial Listed
146
Avg DOM
714
Avg $ / SqFt
$1,441,817
Avg List Price

Property Summary

    Located in the EDGES SUB subdivision, 12500 STATE ROAD 33 GROVELAND FL is a Commercial for sale in GROVELAND, FL, 34736. It is listed for $2,000,000 To schedule a showing of MLS#o6347931 at 12500 STATE ROAD 33 in GROVELAND, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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