503 Dixie Ave Fruitland Park, FL 34731-2413

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.