For SaleCommercial SaleActive Under Contract
503 Palmetto Street
Eustis, FL 32726
$350,000
160 Days On Site
- 807Sq Ft
- $434Per Sq Ft
- 0.15Acres
- 1970Built
- Subdivision
- Eustis Hogans Sub
- County
- Lake
- MLS®
- G5112936
Overview
Under contract-accepting backup offers. 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! .
Listing Snapshot
- Price
- $350,000
- Days On Site
- 160 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 807 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 0.15 Acres
- Year Built
- 1970
- MLS® Number
- G5112936
- Status
- Active Under Contract
- Property Tax
- $1,826 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Public Records
Property Details
General Features
9 items
- Acres
- 0.15
- Building Features
- Bathrooms
- Foundation
- Slab
- Levels
- One
- Sewer
- Public Sewer
- SqFt Total
- 1,659
- Utilities
- Electricity Available, Water Connected
- Water Source
- Public
- Zoning
- MCR
Interior Features
2 items
- Flooring
- Concrete, Tile
- Window Features
- Display Window(s)
Exterior Features
5 items
- Construction Details
- Block
- Other Structures
- Storage
- Road Frontage
- City Street
- Roof
- Metal
- Windows/Doors
- Display Window(s)
Community Features
4 items
- MLS Area
- 32726 - Eustis
- Township
- 19
- Financing Terms Available
- Cash
- Roads
- Paved
Location
503 Palmetto Street, Eustis, FL 32726 · 32726 - Eustis
Neighborhood & Commute
ZIP Code 32726
- Median household income
- $54,008
- Income per person
- $30,359
- Households
- 10,760
- Average household size
- 2.32
- Median age
- 42.9
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Status changed to Active Under Contract
- Price changed to $350,000
- Listing first seen on site
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