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228 Lake Shore Way
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PRICED AT ONLY: $1,150,000

Address: 228 Lake Shore Way, LAKE ALFRED, FL 33850

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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  • MLS#: S5092011 ( Commercial Sale )
  • Street Address: 228 Lake Shore Way
  • Viewed: 1
  • Price: $1,150,000
  • Price sqft: $686
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 1677
  • Days On Market: 456
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 1677.00
  • Other Structures: Storage, Workshop
  • Roof: Shingle
Land Information
  • Lot Features: Central Business District, Fire Hydrant, Sidewalk, Street Lights, Paved
Garage and Parking
  • Garage Spaces: 0.00
  • Parking Features: Parking Spaces - 13 to 18
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Road Frontage Type: Divided Highway
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2022
Other Features
  • Appliances: Refrigerator
  • Country: US
  • Legal Description: REPLAT OF N1/2 OF BLK 43 OF LAKE ALFRED PB 10 PG 37 LOTS 6 THRU 8 S 15 FT LESS E 6 FT OF LOT 6 & W 140 FT OF 9 & NLY 7 FT OF ELY 12.7 FT OF WLY 152.7 FT OF LOT 9/PID:26-27-32-507000-000062 and REPLAT OF N1/2 OF BLK 43 OF LAKE ALFRED PB 10 PG 37 LOT 5 S 15 FT W 45 FT & LOT 9 LESS W 140 FT & LESS E 5 FT THEREOF & LESS NLY 7 FT/ PID: 262732507000000051
  • Levels: One
  • Area Major: 33850 - Lake Alfred
  • Occupant Type: Owner
  • Parcel Number: 26-27-32-507000-000062
  • Zoning Code: C-2

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