Price Reduced 33.33%


Price History

$1,350,000
9/24/2023

$900,000
11/24/2023


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

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

1962

1,677 sqft

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.


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:

117

Appliances:

Refrigerator

MLS #:

S5092011


Community Info

School Info

Walk Score

Yelp



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