1702 US 92 - Hospitality FOR SALE


Auburndale, FL 33823
$2,400,000 USD
863-838-9389
1702 US 92, Auburndale, FL for Sale
$2,400,000 USD
Hospitality - FOR SALE
1/26
null | Request Cap Rate

1702 US 92
Auburndale, FL 33823


HIGHLIGHTS

  • Direct frontage along US Highway 92 in Auburndale.
  • Lakefront setting with frontage on Lake Lena.
  • Includes a separate residential residence on-site.
  • Multiple parcels included in the offering.

OVERVIEW

Exceptional Lakefront Commercial Investment Opportunity with Residential Estate. A rare chance to acquire one of Auburndale's most recognizable hospitality properties. This established 14-room lakefront motel has enjoyed decades of successful operation and a strong occupancy history while benefiting from outstanding visibility and frontage on Highway 92 W, one of Central Florida's major east-west corridors. The offering includes two lakefront parcels extending to beautiful Lake Lena, providing a unique combination of commercial income potential and waterfront lifestyle. Also included is a spacious 3,195-square-foot lakefront residence with private access, ideal for an owner/operator, on-site management, executive housing, vacation rental, or additional revenue opportunity. The large lakeside gazebo adds tremendous value and versatility to the property. Overlooking the water, it creates an ideal venue for weddings, receptions, corporate gatherings, family reunions, private parties, and other special events, offering exciting opportunities to expand revenue streams. The motel has been a local landmark since the 1950s, featuring attractive curb appeal, mature landscaping, and meticulously maintained grounds. Its prime location provides convenient access to Interstate 4, Orlando, Tampa, Lakeland, Winter Haven, shopping, dining, and Central Florida's world-famous attractions. Whether you envision continuing its successful hospitality operation, enhancing the existing business with an event venue, or exploring future redevelopment possibilities (subject to local approvals), this property presents a truly exceptional investment opportunity. Properties offering commercial frontage, established income potential, a substantial residence, and direct lakefront access are seldom available in one package. Schedule your private tour today to discover the possibilities of this extraordinary waterfront property.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$337 USD /SF

# OF ROOMS

14

PRICE/ROOM

$171,429 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lake Forest Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1950

PARKING SPACES

30

LAND DETAILS

LAND ACRES

4.89 AC

LAND SF

213,008 SF

ZONING

Commercial

APN/PARCEL ID

25-28-09-000000-021020

ASK ABOUT THIS PROPERTY

Donna KeathCENTURY 21 Myers RealtyMore Info
863-838-9389

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Donna KeathCENTURY 21 Myers RealtyMore Info
863-838-9389

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.