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$350,000

0 Beds 0 Baths 0 SQFT 0.12 Acres
Type: Land

PALMETTO STREET
EUSTIS, FL 32726

MLS#: G5112940
Fabrice Gannon
Fabrice Gannon
The Real Estate Advantage
Phone: 612.229.8893
Office: 651.272.4688
Presented by: RE/MAX PREMIER REALTY with 352-735-4060. - 352-735-4060

Property Description

 

INVESTOR OPPORTUNITY! Explore the potential of this unique commercial property located in a DESIGNATED OPPORTUNITY ZONE. A rare opportunity to own a 3 PARCELS totaling approximately 5 ACRES situated on the corner of Palmetto Street and E. Bates Avenue., priced at $350,000 for ALL 3 parcels!! The site includes the original barbecue restaurant and pits, along with a spacious picnic pavilion that has hosted countless family gatherings, community events, and outdoor dining experiences over the years. 2 Parcels are zoned MCR - 3rd parcel (4.1 acres) is zoned Urban Residential. This is a great business opportunity - Endless possibilities await! With excellent visibility, ample space, and strong community recognition, the possibilities are endless. Revive the legendary barbecue stand, create a new restaurant or entertainment venue, establish a catering headquarters, or explore redevelopment opportunities. This landmark property offers the rare combination of location, acreage, and local heritage that is difficult to find. Bring your vision and capitalize on the legacy of a long-standing community favorite. Additional parcels being sold together with this property: 12-19-26-1300-00E-00000, 12-19-26-3100-00D-00000 Call me today for your private tour!


 

Interior Features

Bathrooms

Total Baths0

General

Additional Parcels Description12-19-26-1300-00E-00012, 12-19-26-3100-00D-00000
Additional Parcels Y/NYes
Building Area Units0 sqft
CityEUSTIS
CountyLake
Current UseCommercial
DirectionsFrom E. Orange Ave, turn North onto Glover St., turn West onto Bates Ave, property is on the corner of E. Bates Ave AND Palmetto St.
Flood Zone CodeX
Flood Zone Code XY
Legal DescriptionEUSTIS HOGAN'S SUB N 118 FT BLK E PB 2 PG 33 ORB 3075 PG 1221 ORB 6479 PG 219
Listing TermsCash, Conventional
Living Area Units0 sqft
Lot Size Square Feet5,246 sqft
Lot Size UnitsSquare Feet
MLS Area32726 - Eustis
OwnershipFee Simple
PossessionClose Of Escrow
Property TypeLand
SewerNone
Standard StatusActive
StatusActive
Subdivision NameEUSTIS HOGANS SUB
Tax Annual Amount$184
Tax Year2025
UtilitiesElectrical Nearby, Water Nearby
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
ZoningMCR

Exterior

Lot Dimensions162 x 145 x 74
Lot FeaturesCorner Lot, Level
Lot Size Acres0.12
Lot Size Area5,246 sqft
Number of Lots3
Road Frontage TypeStreet Paved, City Street
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved
Water SourceNone
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$350,000

0 Beds 0 Baths 0 SQFT 0.12 Acres
Type: Land

PALMETTO STREET
EUSTIS, FL 32726

MLS#: G5112940
Fabrice Gannon
Fabrice Gannon
The Real Estate Advantage
Phone: 612.229.8893
Office: 651.272.4688