Commercial Sale · Mixed Use
697 E ANDERSON ROAD, GROVELAND, FL, 34736
Active27 days on marketListed Aug 25, 2026MLS #G5116957
About this property
The property at a glance
Prime Commercial Opportunity in the Heart of Groveland! Rare chance to rent a highly visible .44-acre commercial property on a corner lot directly fronting Hwy 33, just 0.5 miles south of Hwy 50—a major regional corridor with constant traffic flow and increasing development. The property includes a 1,677 sq ft building. Inside, you'll find an open, flexible space ideal for retail, office, showroom, or service-based businesses. Features include slatwall paneling for easy merchandising, updated flooring, multiple electrical outlets, and a large separate garage/storage area with roll-up door—perfect for deliveries, workspaces, or secure inventory. Outside, the corner lot layout allows excellent ingress/egress with dual road access and ample paved parking. The fully fenced backyard provides additional utility or expansion potential. Plus, the strategic location ensures maximum exposure for signage, making this property a standout for branding and foot traffic. Located in one of Central Florida’s fastest-growing communities, commercial inventory in Groveland is extremely limited—making this property not only functional, but a smart long-term investment. Property Highlights: .44-acre corner lot with Hwy 33 frontage 1,677 sq ft commercial building with updates Retail/showroom space with slatwall and new flooring Large garage/workshop with roll-up door Fenced backyard and extensive parking Ideal for retail, office, trades, or service use Minutes from Hwy 50 with strong regional access. Excellent signage and visibility opportunities on 33
1,677
Building sq ft
$283
Price / sq ft
0.44
Lot acres
1987
Year built
1
Building
C-2
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$2,627/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Nicholas to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
1,145
Population
$48,805
Median income
44
Median age
2
Avg household
$256,847
Median home value
$1,116/mo
Median rent
98%
Households w/ kids
Consumer profile
Great things are meant to be shared, and this population is eager to show others what they find to be amazing, beautiful and exciting.
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Recent sales
What actually sold near 697 E ANDERSON ROAD
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$35,940
642 W BROAD STREET
864 sqft · $42/sqft · Sold Jan 5, 2026
$36,000
697 E ANDERSON ROAD
1,677 sqft · $21/sqft · Sold Dec 8, 2025
$33,000
135 IVEY STREET
1,416 sqft · $23/sqft · Sold Nov 26, 2024
Your team
The pros in your corner
Your agent
Nicholas Giaccone
Director of Agent Success · CENTURY 21 Edge
Tours, offers, and every question about 697 E ANDERSON ROAD — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 697 E ANDERSON ROAD.
See it in person
Schedule a tour
Live availability from Nicholas's calendar — pick a time and it's booked.
Listing courtesy of RE/MAX TITANIUM GROUP · Stephen Misciagno. MLS #G5116957.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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