Address: 980 Lake Shore Way, LAKE ALFRED, FL 33850
Description
Prime redevelopment opportunity located in the heart of Lake Alfred along the citys main corridor. This highly visible property sits directly on a divided highway through the central stretch of town, offering excellent exposure and accessibility.
The property currently includes three residential units, all of which are tenant occupied, providing potential interim income while future plans are considered. With its strategic location along a major thoroughfare and within close proximity to local businesses, dining, and community amenities, the site presents significant potential for future redevelopment or investment.
Whether youre looking to hold as an income producing property or explore development possibilities in a growing area, this property offers exceptional visibility and location within Lake Alfreds main commercial corridor.
Prime redevelopment opportunity located in the heart of Lake Alfred along the citys main corridor. This highly visible property sits directly on a divided highway through the central stretch of town, offering excellent exposure and accessibility.
The property currently includes three residential units, all of which are tenant occupied, providing potential interim income while future plans are considered. With its strategic location along a major thoroughfare and within close proximity to local businesses, dining, and community amenities, the site presents significant potential for future redevelopment or investment.
Whether youre looking to hold as an income producing property or explore development possibilities in a growing area, this property offers exceptional visibility and location within Lake Alfreds main commercial corridor.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 2506.00
Roof: Metal
Property Information
Property Condition: Completed
Land Information
Lot Features: Sidewalk, Street Lights, Paved
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Parking Spaces - 1 to 5
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Wall/Window Unit(s)
Heating: Ductless
Road Frontage Type: Divided Highway, State Road
Sewer: Public Sewer
Utilities: Emergency Power, Water Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2025
Other Features
Country: US
Legal Description: ROCHELLE TERRACE PB 8 PG 44 BLK 3 LOTS 7 & 8 LESS ST RD 600
AMAZING LAKEFRONT COMMERCIAL OPPORTUNITY! Endless possibilities with this very rare LAKEFRONT offering. Over 4,000s/ft building on oversized lot directly off main thoroughfare/highway 92. Lake Alfred
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