Price Reduced 14.81%


Price History

$1,350,000
9/24/2023

$900,000
11/24/2023

$1,150,000
7/10/2024


228 S Lake Shore WAY, Lake Alfred, FL, 33850

228 S Lake Shore WAY, Lake Alfred, FL, 33850

1962

1,677 sqft

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.


Status:

Active

Type:

Commercial

Complex:

LAKE ALFRED REP

Garage:

13 to 18 Spaces

Cooling:

Central Air

Levels:

1

Acreage:

0.58

Est. Taxes:

$2,657

Construction

Block, Concrete

Utilities

Electricity Available, Natural Gas Available, Water Connected

Lot Description:

Central Business District, Fire Hydrant, Sidewalk, Street Lights

Days on Market:

290

Appliances:

Refrigerator

MLS #:

S5092011


Community Info

School Info

Walk Score

Yelp



Listing courtesy of LPT Realty Phone: 877-366-2213