$610,000
$699,900
12.8%For more information regarding the value of a property, please contact us for a free consultation.
304 S US HIGHWAY 27/441 Lady Lake, FL 32159
1,854 SqFt
Key Details
Sold Price $610,000
Property Type Commercial
Sub Type Restaurant
Listing Status Sold
Purchase Type For Sale
Square Footage 1,854 sqft
Price per Sqft $329
Subdivision Lady Lake Oak Crest
MLS Listing ID G5071514
Sold Date 03/08/24
Construction Status Financing,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1948
Annual Tax Amount $7,919
Lot Size 0.860 Acres
Acres 0.86
Property Description
First time being on the market, been an iconic restaurant in Lake County now for 62 years. Also incudes another commercial building and combined fronts on three roads, corner location on the highway as well. There are two signs fronting on the highway which half of one being used for advertising the additional commercial building that fronts on two roads but not on Highway 27/441. The restaurant has 1,854 sq ft heated, 16 parking spots and an additional grassy area plus a small storage building. The other commercial building has 2,114 sq ft heated, 7 parking spaces, grassy area if more spots needed and has additional signage on the building with a fenced in back area. According to the city of Lady Lake both parcels are zoned HC, Heavy Commercial. The surrounding properties are commercial. Lake County GIS map measures fronting on Highway 27/441 at 128 FT, E Lakeview St at 261 FT and S Old Dixie Highway at 182 FT. This location is just over a mile to The Villages. The Villages is one of the largest retirement communities in Florida. All combined The Villages cover more than 80 square miles, which is equivalent to more than 51,200 acres. Amazingly, The Villages is still growing, and is one of the fastest growing cities in Florida. The Villages community is so large that it includes multiple zip codes and is located in three separate county jurisdictions: Lake County, Sumter County and Marion County.
Location
State FL
County Lake
Community Lady Lake Oak Crest
Zoning HC
Interior
Heating Central
Cooling Central Air
Exterior
Garage Parking Spaces - 13 to 18, Other
Utilities Available Public
Waterfront false
Roof Type Shingle
Parking Type Parking Spaces - 13 to 18, Other
Building
Lot Description Central Business District, Corner Lot, City Limits
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Structure Type Block
New Construction false
Construction Status Financing,Inspections
Others
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with MORRIS REALTY AND INVESTMENTS