0000 Confidential, Leesburg, FL

$6,900,000

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12,485

Square feet

3.60

Acres

About 0000 Confidential

NOW OFFERING SELLER FINANCING: 30% down with 20-year Amortization Schedule for note at 6% interest with a 5-7 year Balloon!Premier Marina Restaurant with business included, 13 apartments 100% Occupied, 36 boat slips leased with a major company, and 36 more slips under permit to be built.**A Lakeside Gem with Limitless Potential** Nestled on a sprawling 3.6-acre parcel, this is a cherished institution in Lake County, a beloved cornerstone of the community for over two decades. This magnificent property, situated on a beautiful lake, presents an unparalleled opportunity for investors and entrepreneurs seeking a cash-flowing oasis in a picturesque setting. **Restaurant & Apartments: A Feast for the Senses** As you step onto the property, you'll be captivated by the enchanting outdoor dining area, gracefully accommodating a plethora of guests. With panoramic views of a natural lake, this alfresco space offers an unforgettable dining experience. Venture inside, and you'll discover a spacious indoor dining area boasting a seating capacity for 110+ patrons. The restaurant, spanning 5,317 square feet, has firmly established itself as a culinary destination, drawing diners from near and far. On the second floor, two meticulously designed apartments offer comfort and convenience. These apartments present an enticing opportunity for additional income, making it a truly multifaceted investment. **Marina: A Boater's Paradise** This Investment opportunity is not just a restaurant; it's a gateway to aquatic adventures. The property boasts an impressive 36 rentable boat slips, accommodating boats up to 21 feet long. Furthermore, an additional 36 boat slips are in the permitting process, promising a total of 72 slips to meet the demand of boating enthusiasts. For those seeking to enhance revenue streams, there's ample space to add boat storage facilities, catering to the needs of the boating community and bolstering the property's cash flow potential. **Apartments & Amenities: Unparalleled Leasing Demand** The property features a diverse range of apartment offerings, including an 8-unit apartment building, a 2-unit apartment building, and a spacious single-unit apartment with three bedrooms. In total, there are 13 impeccably maintained apartment units, each with an average size of 551 square feet. Demand for these apartments remains consistently high, with a waiting list for the apartments and marina slips. These units are a lucrative component of the property's income, attracting long-term tenants year-round. **Additional Assets & Investment** Beyond the restaurant, apartments, and marina, the investment property includes two boat houses and three utility sheds, providing versatility and room for expansion. Notably, the property is immaculately maintained, with no deferred maintenance or significant capital expenditures required, ensuring a hassle-free investment experience. **Thriving Sales & Local Appeal** In 2022, this commercial investment achieved approximately $2.11 million in sales, marking a substantial increase from the $1.4 million generated in 2021. With the property's impeccable reputation and prime location, these impressive figures are a testament to its thriving success. **Proximity to Historic Landmarks** Enjoys a strategic location, just a five-minute drive from a world-renowned historic site frequented by tourists seeking guided tours, signature weddings, gala events, and fundraisers. This proximity enhances the property's visibility and potential for event-related business. In sum, this investment presents a rare opportunity to acquire a multifaceted commercial property with an established legacy, enviable income potential, and room for expansion in a prime lakeside locale. Whether you're an investor, restaurateur, or visionary entrepreneur, this property promises to be a cash-flowing haven with a bright and lucrative future. *This property is a confidential Listing and has an approximate address for record of relative location on Lake Harris.

Features of 0000 Confidential

MLS® # 1116606
Price $6,900,000
Square Footage 12,485
Acres 3.60
Type Commercial/Industrial
Sub-Type Comm-Land & Bldg Incl
Status Active

Community Information

Address 0000 Confidential
Area 99 - Other
City Leesburg
County Lake
State FL
Zip Code 34748

Amenities

Is Waterfront No

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty Florida Partners

Listing Map

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