For Sale
$699,000

503 Dixie AveFruitland Park, FL 34731

Iconic bar, house, & .48 acres

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity encompasses a thriving beer and wine bar and a separate residential building situated on a sizable .48-acre lot in Fruitland Park, Florida. The main commercial building, totaling 2,844 square feet, includes a walk-in cooler and offers ample space for expansion, potentially incorporating a grill or restaurant. The existing C-2 zoning allows for a diverse range of commercial uses, including retail, office space, or other ventures. The second building, a 3-bedroom, 2-bathroom residential structure, requires significant renovation but currently has a tenant. This presents the potential for conversion into additional commercial space, further enhancing the property's value. The property boasts convenient paved parking in front and behind the commercial building, and its location offers excellent visibility on N Dixie Ave (approximately 100' frontage on a 100' x 210' lot). Its strategic location, an hour from Orlando and minutes from The Villages, I-75, Florida's Turnpike, US Hwy 441, 27, and 301, ensures high traffic and accessibility. The total square footage for both buildings is 4,730 square feet. Financial data and inventory are available upon execution of a non-disclosure agreement. This property offers a unique chance to either continue and expand the existing successful business or to redevelop it to suit a variety of commercial needs. The asking price is $699,000.

Highlights

  • Two-building property totaling 4,730 square feet on a 0.48-acre lot.
  • C-2 zoned in Fruitland Park.
  • Currently operating as a beer and wine bar.
  • Permitted C-2 uses include retail, office, medical, daycare, and more.
  • Contact Lisa Jodray at 352-205-1883 for showings and details.

Property Details for 503 Dixie Ave

Property type
Specialty properties, Retail properties
Square Feet
4,730 SF
Class
C
Buildings
2
Stories
1
Lot Size (sq. ft)
20,909 SF

Location Insight

City
Fruitland Park
County
Lake
State
Florida
Latitude
28.863415215852
Longitude
-81.906760917759
503 Dixie Ave, Fruitland Park, Florida

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503 Dixie Ave
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