Turn-Key Italian
For Sale
Contact for pricing
228 S Lake Shore Way, Lake Alfred, FL 33850
Established Italian-style restaurant sold as turn-key, with on-site rental income.
Property SizeContact for details
Days on Market139
Property Features for 228 S Lake Shore Way
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Business Included
Yes
Listing Agency:
La Rosa Realty
(863) 602-5106
Listed By:
Yevette Eden · License #SL3500154
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 12:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of La Rosa Realty
Investment Insights
Based on property information with market context.
Turn-key Italian-style restaurant currently operating with 17 years of service. The business is described as having well-established clientele and is offered for sale as a turn-key operation, with the owner willing to train a buyer.
The property is located at 228 S Lake Shore Way in Lake Alfred, on a busy major highway (17-92) per the provided remarks. In addition to the restaurant, the property includes rental on-site that is stated to generate $900 per month.
The remarks state the company produced provable net profit of $200,000 last year. The owner also indicates that “a few tweaks” could lead to major increases, though no specific changes are described.
The property is located at 228 S Lake Shore Way in Lake Alfred, on a busy major highway (17-92) per the provided remarks. In addition to the restaurant, the property includes rental on-site that is stated to generate $900 per month.
The remarks state the company produced provable net profit of $200,000 last year. The owner also indicates that “a few tweaks” could lead to major increases, though no specific changes are described.
Key Highlights
- Turn‑key Italian‑style restaurant business with 17 years of serving Lake Alfred
- Located on busy Hwy 17‑92 with established clientele
- Sold with on‑site rental income of $900/month
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
293
Businesses Nearby
98k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Dining 27%
Home Improvements & Furnishings 4%
7-Eleven
Shops & Services
34,505 visits/mo
0.2 miles
Dollar Tree
Shops & Services
16,423 visits/mo
0.2 miles
Dunkin' Donuts
Dining
11,207 visits/mo
0.2 miles
Dollar General
Shops & Services
9,188 visits/mo
0.4 miles
Hardee's
Dining
8,223 visits/mo
0.2 miles
Demographics for 33850, FL
9,119
Population
4,947
Households
1.8
Avg Household Size
45
Median Age
24%
College-Educated
89%
High-School Grad
16.8 sq mi
ZIP Area
543
Density / Sq Mi
$53,877
Median Household Income
$36,563
Median Earnings
$1,072
Median Rent
$215,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established Italian-style restaurant sold as turn-key, with on-site rental income.
Where is this conventional restaurant located?
The property is located at 228 S Lake Shore Way Lake Alfred, FL.
What are key features of this property?
This property features: Turn‑key Italian‑style restaurant business with 17 years of serving Lake Alfred; Located on busy Hwy 17‑92 with established clientele; Sold with on‑site rental income of $900/month
