Address
275 S Lake Shore WAY, LAKE ALFRED, FL
Price
$ 575,000
Property Attributes
  • MLS#P4930276
  • TypeCommercial
  • CountyPOLK
  • CityLAKE ALFRED
  • AreaLake Alfred
  • NeighborhoodCodington Lake Alfred
  • Zip33850
  • StyleRestaurant
  • Year Built1965
  • Taxes$ 1721
  • Price$ 575,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1596
  • Lot Size0.35 Acres
Data Source:
Stellar MLS
Property Description

Introducing 275 S Lake Shore Way, Lake Alfred, FL 33850, a standout commercial real estate investment opportunity. This property, a notable landmark in downtown Lake Alfred, enjoys a prime location on the town’s main thoroughfare. Previously operating as a bustling bar and restaurant, it holds immense potential for your next entrepreneurial endeavor. Key Features: • Location: Prime spot on the corner of S Lakeshore Way and the Family Dollar parking lot. • Structure: The building, constructed of concrete block, rests on a slab foundation. • Space: Offers a total of 1,596 sqft under the roof. • Climate Control: Equipped with central air and mini-split units for optimal temperature control. • Parking: An asphalt parking lot provides ample space, with an additional parking area at the back. • Zoning: C-2, offering flexibility for various business types including restaurants, retail stores, or office spaces. “Downtown Lake Alfred is envisioned to be a pedestrian-friendly hub for residents and visitors alike, offering a myriad of opportunities to live, work, shop, and play in a community that radiates small-town charm.” Accessibility: Lake Alfred’s strategic location provides easy access to major East/West and North/South routes via the I-4 and U.S. Hwy 27 corridors, positioning you perfectly between Tampa, Orlando, and Miami.

Price History
5/2/2024 Listed $575,000

General Features

Cooling Central Air,Mini-Split Unit(s)
Possession Close of Escrow
Zoning C-2
Construction Materials Block
Year Built 1965
Levels One
Property SubType Restaurant
Tax Year 2023
Percent Ownership Other
County Polk
New Construction No
Property Type Commercial Sale
Subdivision Name CODINGTON LAKE ALFRED
Status Active
Directions Hwy 17 n,make a right on to 17/92,property is on the left before family dollar.
ModificationTimestamp 2024-06-25T17:33:35.060Z
City LAKE ALFRED
Buyer Agent Compensation 2.25%-295
Disclosures None
View Y/N No
MLS Area 33850 - Lake Alfred
Lot Size Units Square Feet
Lot Size Square Feet 15089
Waterfront Y/N No
Tax Annual Amount 1721.84
Additional Parcels Y/N No
Days on Market 55
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 4
Legal Description CODINGTON PB 1 PG 61 BLK 42 LOT 4 N 100 FT OF E 150 FT
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Interior Features

Total Stories 1
Air Conditioning Y/N Yes

Exterior Features

Lot Size Area 15089
Foundation Details Slab
Number of Buildings 1
Building Area Total 1596
Lot Dimensions 100 x 150
Lot Size Acres 0.35
Road Surface Type Asphalt
Road Frontage Type County Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33850

Price
AVG $720K
$580K
Taxes
AVG $3,351
$1,721
Visits
AVG 123
101
Data Provided by Inside Real Estate®
Year Built
AVG 1975
1965

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