Commercial Lease · Business
115 S LAKE AVENUE, GROVELAND, FL, 34736
Active71 days on marketListed Aug 28, 2026MLS #G5117062
About this property
The property at a glance
Prime Commercial Space For Lease | Historic Downtown Groveland Position your business in a charming, high-character historic building located in the heart of downtown Groveland. Situated on the lower level, this versatile open-concept space is a blank canvas ready for your specific vision. Versatile Floor Plan: Features a generous 900' open layout split into two distinct areas via a wide architectural opening, perfect for separating front-of-house operations from private workspace. Includes one private restroom. Endless Possibilities: Ideal for a boutique retail shop, professional office, trendy café, or creative studio. Also Potential For An Outdoor Oasis: Step out the back door to a private paver patio, offering an ideal setting for an outdoor dining area, customer lounge, or relaxed employee social space. Frontage has major road traffic with vehicles interchanging form Highway 50 and Highway 19. Lease duration 12 month min.
900
Building sq ft
$27
Price / sq ft
0.03
Lot acres
1927
Year built
1
Building
C-2
Zoning
Business
Property type
The numbers
Investment snapshot
Gross
Lease structure
12 Months
Lease term
Estimated payment (illustrative)
Estimated payment
$568/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 Kevin 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 115 S LAKE AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$33,000
135 IVEY STREET
1,416 sqft · $23/sqft · Sold Nov 26, 2024
$24,000
114 W MYERS BOULEVARD
132 sqft · $182/sqft · Sold Sep 21, 2026
$30,000
132 W BROAD STREET W
3,198 sqft · $9/sqft · Sold Oct 1, 2025
Your team
The pros in your corner
Your agent
Kevin Johnson
CEO & Managing Broker · CENTURY 21 Edge
Tours, offers, and every question about 115 S LAKE AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 115 S LAKE AVENUE.
See it in person
Schedule a tour
Live availability from Kevin's calendar — pick a time and it's booked.
Listing courtesy of BONJORN REAL ESTATE · Mendy Bacon. MLS #G5117062.
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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