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228 S LAKE SHORE WAY

Commercial For Sale
$900,000

BTC: 15.60961802

ETH: 292.27706567

-$450K (2023/11/24)
286 days
0 room(s)
1,677 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

NEW PRICE IMPROVEMENT!! w/Seller Financing available. Introducing a remarkable opportunity in Lake Alfred, Florida! We are delighted to present a commercial real estate investment opportunity featuring a former successful restaurant that has recently undergone an exciting transformation. Formerly known as Luigi's Italian, it has now become Luigi's Pizzeria, offering a delightful New York-style pizza experience. Step into this inviting indoor pizzeria, boasting 35 seats, and experience the finest culinary delights Lake Alfred has to offer. Whether you prefer dining in, taking out, or having your delicious pizza delivered, Luigi's has got you covered. But wait, there's more! This investment opportunity is secured with a five-year lease option to renew and additional income on the property from subsequent buildings. Included in this investment package are three buildings generating additional income. Excellent 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, and Miami. Don't miss out on this chance to own a property with A going concern, business, and great potential, thanks to the new concept of Luigi's Pizzeria. 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.

Location

Facts and features

Type:
Commercial Sale
Parking:
13 to 18 Spaces
Year Built:
1962
Lot:
0.58 Acres
Heating:
No Data
Price/sqft:
$537
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Cooling

    • Central Air

    Appliances

    • Refrigerator

  • Parking

    • 13 to 18 Spaces

    Property

    • Levels: One

    Lot

    • Lot: 0.58 Acres

    Other Property Information

    • Parcel Number: 262732507000000062

    • Zoning: C-2

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Restaurant

  • Utility

    • Electricity Available

    • Natural Gas Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,657

  • Source details

    • MLS ID: S5092011

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Slab

    • Lot Features: Central Business District / Fire Hydrant / Sidewalk / Street Lights

    • Direction Faces: West

    • Other Structures: Storage / Workshop

    • Living Area: 1677

    • Water Source: Public

    • Subdivision Name: LAKE ALFRED REP

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT REALTY