Conventional Restaurant

Groveland, FL Conventional Restaurants for Sale

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Mascotte, FL Montverde, FL Clermont, FL Leesburg, FL Mount Dora, FL Sorrento, FL Minneola, FL Howey In The Hills, FL
Drive-Through Restaurant with Indoor Dining
Updated: Dec 10, 2025
Drive-Through Restaurant with Indoor Dining

299 E BROAD Street, Groveland, FL 34736

$985,000
1,419 sqft 0.65 AC lot
1,419 square feet of restaurant space on a 0.65‑acre site
Drive‑through and dine‑in restaurant configuration with indoor seating and buffet service
C‑2 zoning
Constructed in 1985 with block construction and a metal roof
Central air and public sewer service
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Restaurant Property on State Road 33
Updated: Jul 21
Restaurant Property on State Road 33

12500 State Road 33, Groveland, FL 34736

Contact for pricing
2,436 sqft
9+ acres commercial land with a large corner lot
High‑visibility frontage on State Road 33
Operating restaurant with established customer base
Excellent access and exposure for restaurant and hospitality uses
Existing income‑producing property with redevelopment flexibility
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2 active listings match your search: Restaurant for sale in Groveland, FL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Applebee’s Grill & Bar Restaurant
Applebee’s Grill & Bar Restaurant

15351 US-441, Eustis, FL 32726

$2,635,000
5,750 sqft 1.39 AC lot

Single-tenant restaurant with a corporate-guaranteed lease and annual rent increases.

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Established Conventional Restaurant
Established Conventional Restaurant

2430 Us Highway 27 Unit 380, Clermont, FL 34714

$250,000
64,694 sqft

Restaurant sale includes major equipment, fixtures, and operating infrastructure.

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Turnkey Restaurant Business Opportunity
Turnkey Restaurant Business Opportunity

380-2430 Us Highway 27, Clermont, FL 34714

$250,000
64,694 sqft

Established restaurant near U.S. Highway 27 with included equipment, fixtures, and a lease featuring three years remaining.

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General Commercial Land with Building
General Commercial Land with Building

15851 Us Highway 441, Eustis, FL 32726

Contact for pricing
1.91 AC lot

A 1.91-acre general commercial site with US 441 frontage and a 3,268 SF former drive-in building.

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Groveland, FL Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Groveland, FL on our real estate platform. These investment opportunities span a total of 3,855 square feet of properties for sale, with an estimated market value of $985,000.

Sale prices for conventional restaurants in Groveland, FL average $985,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 6
Drive through restaurants 3

Demographics Overview

Population 30K
Population Growth (5Y) +53.6%
Median Household Income $80,372
College Educated 41.0%

High-Yield Neighborhoods for Investment

Identify Groveland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
34736 $985K

Taxes & Financing

Tax Rate (average for all types) 1.21%
Property Tax per SF $42.96 per SF
Tax Rate vs County Average 0.41 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

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