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228 S Lake Shore WAY
For Sale $1,150,000 ($685.75 per Sq Ft)
$1,150,000 ($685.75 per Sq Ft)
- Units
- 1,677 Sq Ft
- 21,780 Sq Ft
- Unknown Cap Rate
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,150,000 |
| Property Type | Hotel & Restaurants |
| Usable Sqft | 1,677 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1962 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 262732507000000062 |
| MLS # | S5092011 |
| Property ID | 317991483 |
| Lot Sqft | 21,780 |
| Zoning | C-2 |
| Days on Market | 521 |
| Original List Price | $1,350,000 |
| Applicances | Refrigerator% |
| Date Updated | July 10, 2024 |
| Date Created | September 22, 2023 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Wanda Norris an agent of . Lic #3427730
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of July 10, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT