5049 NW 191st Place, Orange Lake, FL 32681 | MLS OM666140 | Listing Information | Align Right Realty
FOR SALE
$1,800,000

5049 NW 191st Place
Orange Lake, FL 32681

Mixed Use, Business Opportunities
Commercial
14,241
Sq. Ft.
2.78
Acre Lot
Courtesy: KELLER WILLIAMS CORNERSTONE RE, 352-369-4044
Align Right Realty> Florida> Orange Lake> 32681
Located less than 10 minutes from I-75 and 30 minutes from Gainesville or Ocala, Georgie's Lakeside is a rare opportunity to purchase alakeside restaurant, bar, and vacation property in North Central Florida. This property has a remarkably authentic, local, old-town Florida classic charm. It is the perfect escape from urban centers and a potentially enjoyable project for the seasoned investor looking tolive Florida's kicked-back lifestyle while earning an income from its already-established amenities and reputation. Georgie's Lakeside is locatedon Orange Lake, which spans between Marion and Alachua Counties, covers over 12,000 acres, ranges in depth from around 5' to 12', and isone of North Central FL's largest lakes. Established in 1993, with B2 Zoning, the 2.75-acre parcel has 582 ft of waterfront, with an approx. 2,888 Sq Ft Restaurant & Bar (built in 1993), five 720 Sq Ft 1bd/1ba duplex efficiencies (built in 1962, roof replaced in 2018), 10 RV/MH pads, a 1,200 Sq Ft bait shop, and six boat slips. Georgie's bar holds a 4COP Liquor license; they have two pool tables, a dance floor and a stage, and a majestic view towards Orange Lake. The ten cabin units currently have full-time residents with month-to-month rent. Five of the RV/MH pads are presently in use, 3 with mobile homes on them, two with RVs on them, and the other five spaces are vacant. The old Bait, Ice & Tackle shop has been closed for several years, but revive it to its previous glory, add kayak or local boat rentals, and you've got another great income opportunity from this property. Well-established, with 313 reviews on Google, Georgie's already has a good reputation with locals and visitors, who love the laid-back, casual atmosphere, music, and fun time at Georgie's. The kitchen and bar come fully stocked and ready for the new owner's personal touch! Another huge plus for investment property, the Heagy-Burry Park, located directly between Georgie's Lakeside and the Sun Retreats Grand Lake RV Resort, is up for a $2M renovation mid 2024! Marion County has recognized Orange Lake as a great source of income revenue for its excellent Bass Fishing, air boating, duck hunting, bird watching, and other aquatic-oriented recreation. With the upscale RV resort directly to the south, this new renovation next door, and its convenient location between the sprawling growth of Ocala, and the protected natural resources of Orange Lake, Georgie's has a unique opportunity for economic growth while preserving its wild mystique and authentic charm. Call today to tour this remarkable property!
OM666140
Commercial - Mixed Use, Business Opportunities, Other
1993
Marion
2.78 Acres
Block
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: KELLER WILLIAMS CORNERSTONE RE, 352-369-4044


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