$675,000
$750,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
8,436 SqFt
SOLD DATE : 07/13/2020
Key Details
Sold Price $675,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 8,436 sqft
Price per Sqft $80
Subdivision Golconda
MLS Listing ID T3201706
Sold Date 07/13/20
HOA Y/N No
Year Built 1967
Annual Tax Amount $8,976
Lot Size 1.350 Acres
Acres 1.35
Property Description
Great Opportunity to Purchase this 8,436 SF Commercial Building with Old World Charm in Bustling Lakeland. Known as THE FIRST RED LOBSTER RESTAURANT, the building offers 6,358 sf indoor restaurant as well as over 2000 SF of outside seating space. The property may be modified for Retail Storefront, Church, Special Event, or used as creative spaces. Zoned C2, this building is in a prime area- south of Lake Parker at the corner of Memorial Blvd. and Edge Water Beach Dr. Offices, Retail or special events can do very well here as THE PROPERTY OWNS THE PARCEL OF LAND BY THE LAKE which can be used as stage setup, extra seating space, or parking. Lakeland has a lot to offer and you’ll have immediate access to it all via Interstate 4, and Memorial Blvd. Downtown Orlando and Downtown Tampa are both just a short commute away.This restaurant sits on a beautiful 2.29 acre waterfront parcel with over 100 parking spaces wrapped around it, with excellent signage and visibility along busy Memorial Blvd. The interior layout consists of entry/lobby area, 2 large seating areas, a small stage, 2 bar areas, commercial kitchen with coolers and storage areas, mechanical rooms, a small office and 4 restrooms. There is an additional outside deck containing 708 SF as well as a 1,220 SF screen porch for outside seating. This space may be used as Restaurant, Bar/Nightclub, Professional Office, an Educational Facility, Research & Development facility, Technology, Retail Storefront(s) if redeveloped.
Location
State FL
County Polk
Community Golconda
Zoning C-2
Interior
Cooling Central Air
Building
Lot Size Range Two + to Five Acres
Structure Type Block
New Construction false
Others
Ownership Corporation
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with STELLAR NON-MEMBER OFFICE
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "