5049 NW 191ST PLACE

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 potentially lucrative 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. 3,700 Sq Ft Restaurant & Bar, five 720 Sq Ft 1bd/1ba duplex efficiencies, 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 of around $600/month. 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 boat slips are currently rented for $40/month, but you can easily increase your income potential by fixing up these slips and partnering up with one of the local fishermen to charter people on Airboats or fishing boats from Georgie's! 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 305 reviews on Google, Georgie’s already has a good reputation with locals and visitors. While many residents & tourists staying at the Sun Retreats Grand Lake RV Resort next door have the Eagle's Nest Restaurant, they still 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! 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 for the right visionary looking for a fun project or investment. Set an appointment today, and experience the opportunity firsthand!