Property Photos
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  • MLS#: OM666140 ( Commercial Sale )
  • Street Address: 5049 191st Place
  • Viewed: 13
  • Price: $1,800,000
  • Price sqft: $126
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Canal - Freshwater,Lake
  • Year Built: 1993
  • Bldg sqft: 14241
  • Days On Market: 431
  • Additional Information
  • Geolocation: 29.4278 / -82.2092
  • County: MARION
  • City: ORANGE LAKE
  • Zipcode: 32681
  • Provided by: KELLER WILLIAMS CORNERSTONE RE
  • Contact: Elizabeth Roberts
  • 352-369-4044
  • mfrmls
  • DMCA Notice
  • Description
    Located less than 10 minutes from I 75 and 30 minutes from Gainesville or Ocala, Georgie's Lakeside is a rare opportunity to purchase a lakeside 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 to live Floridas kicked back lifestyle while earning an income from its already established amenities and reputation. Georgies Lakeside is located on Orange Lake, which spans between Marion and Alachua Counties, covers over 12,000 acres, ranges in depth from around 5' to 12', and is one 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 youve got another great income opportunity from this property. Well established, with 313 reviews on Google, Georgies 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, Georgies has a unique opportunity for economic growth while preserving its wild mystique and authentic charm. Call today to tour this remarkable property!
Property Features
Waterfront Description
  1. Canal - Freshwater
  2. Lake
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
Legal Description
  1. SEC 21 TWP 12 RGE 21 Plat Book A Page 42A Lochbie Orange Lake BLK 20 Lots 1
  2. 2
  3. 3
  4. 4 & all of BLK 19 & part of Beach Street & part of Cypress Street
  5. that lies to the E & N sides of Blk 20 as per plat of Orange Lake Rec in Plat Book A page 42A & all of the mill lot Ex E 50 feet. Parent Parcel # 02908-000-00.
Living Area
  1. 0.00
Area Major
  1. 32681 - Orange Lake
Net Operating Income
  1. 0.00
Occupant Type
  1. Owner
Parcel Number
  1. 02908-000-00
Property Type
  1. Commercial Sale
Road Frontage Type
  1. County Road
Roof
  1. Metal
Tax Year
  1. 2022
Township
  1. 12
Views
  1. 13
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/OM666140
Year Built
  1. 1993
Zoning Code
  1. B-2
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