Active Commercial Sale IDX

503 Palmetto Street

503 Palmetto Street, Eustis, FL 32726
$350,000
807 sqft Area
0.15 acres Lot size
1970 Built
MLS #: 11799314

About this property

INVESTOR OPPORTUNITY! Explore the potential of this unique commercial property located in a DESIGNATED OPPORTUNITY ZONE. A rare opportunity to own a 3 PARCELS totaling approximately 5 ACRES situated on the corner of Palmetto Street and E. Bates Avenue., priced at $350,000 for ALL 3 parcels!! The site includes the original barbecue restaurant and pits, along with a spacious picnic pavilion that has hosted countless family gatherings, community events, and outdoor dining experiences over the years. 2 Parcels are zoned MCR - 3rd parcel (4.1 acres) is zoned Urban Residential. This is a great business opportunity - Endless possibilities await! With excellent visibility, ample space, and strong community recognition, the possibilities are endless. Revive the legendary barbecue stand, create a new restaurant or entertainment venue, establish a catering headquarters, or explore redevelopment opportunities. This landmark property offers the rare combination of location, acreage, and local heritage that is difficult to find. Bring your vision and capitalize on the legacy of a long-standing community favorite. Additional parcels being sold together with this property: 12-19-26-1300-00E-00000, 12-19-26-3100-00D-00000 Call me today for your private tour! .

Property Details

Financial
Annual taxes
$1,826 (2025)
Interior
Flooring
Tile
Heating
Natural Gas
Exterior & Lot
Roof
Metal
Utilities
Water source
Public (WaterSource)
Sewer
Other
Listing Details
Property type
Commercial Sale
County
Lake
Subdivision
Eustis Hogans Sub
More Details
Previous list price
$385,000
Original list price
$385,000
Neighborhood
32726 - Eustis
Above grade finished area
807 sqft
Lot size square feet
6,717 sqft
Number of lots
3
Furnished
Unfurnished
Market headline
EUSTIS 2 Parcels MCR + 4 Acres UR - 5 Acres TOTAL
Pets allowed
No
Listing Information
Listing courtesy of
Re/max Premier Realty · 352-735-4060
Listing agent
Rachel Rivera
MLS #
11799314
Status
Active

Contact

Herdine Nicholson · Mainsail Real Estate®

+1 305 414 1438 · info@mainsailre.com

1111 Brickell Ave, FL 12 Ste 148, Miami, FL 33131

https://mainsailre.com/idx-listing/?listing=11799314

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Listing courtesy of Re/max Premier Realty · 352-735-4060

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