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Property 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 Florida’s kicked-back lifestyle while earning an income from its already-established amenities and reputation. Georgie’s 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 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!

Features
: Central Air, Wall/Window Unit(s)
: RV Parking
: Private Sewer
: Lake
: Public, Electricity Available, Water Connected
Address Map
US
FL
Marion
Orange Lake
32681
191ST
5049
PLACE
W83° 47' 28.6''
N29° 25' 39.8''
32681 - Orange Lake
NW
B2
441 North to 301 split, continue on 441 North to NW 191 Place. Turn right onto NW 191 Place and proceed property will be approximately 7 miles on the Left. GPS will provide accurate directions from all locations.
Additional Information
547x
: Well
ORANGE LAKE
1
2024-10-02
: Waterfront
: Slab
Other
: Block
14241
Financial
11422.08
Listing Information
Elizabeth Roberts
271515884
55906
KELLER WILLIAMS CORNERSTONE RE
271515961
55906
Cash
Canceled
2024-10-02T21:21:07Z
Stellar
: None
2024-10-02T19:48:22Z
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5049 PLACE Orange Lake

5049 Nw 191st Pl, Orange Lake, Florida 32681

14,241
$1,800,000
Listing ID #OM686898
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : OM686898
Price : $1,800,000
Square Footage : 14,241
Year Built : 1993
Lot Area : 2.75 Acre
Status : Canceled
Office Name : KELLER WILLIAMS CORNERSTONE RE
Agent Name : Julie Beck
Property Sub Type : Business
Roof : Metal
Waterfront Yn : 1
Listing Status : Canceled
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