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980 S Lake Shore WAY
For Sale $500,000 ($199.52 per Sq Ft)
$500,000 ($199.52 per Sq Ft)
- Units
- 2,506 Sq Ft
- 20,870 Sq Ft
- Unknown Cap Rate
Description
Prime redevelopment opportunity located in the heart of Lake Alfred along the city’s main corridor. This highly visible property sits directly on a divided highway through the central stretch of town, offering excellent exposure and accessibility.
The property currently includes three residential units, all of which are tenant-occupied, providing potential interim income while future plans are considered. With its strategic location along a major thoroughfare and within close proximity to local businesses, dining, and community amenities, the site presents significant potential for future redevelopment or investment.
Whether you’re looking to hold as an income-producing property or explore development possibilities in a growing area, this property offers exceptional visibility and location within Lake Alfred’s main commercial corridor.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $500,000 |
| Property Type | Flex Space |
| Usable Sqft | 2,506 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1920 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 262805525000003070 |
| MLS # | S5145068 |
| Property ID | 317991524 |
| Lot Sqft | 20,870 |
| Zoning | C-1 |
| Days on Market | 41 |
| Original List Price | $500,000 |
| Date Updated | April 30, 2026 |
| Date Created | March 25, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Brent Morse an agent of CENTURY 21 MYERS REALTY. Lic #3108388
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of April 30, 2026 The information being provided is 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.
Robert Crawford
REAL ESTATE AGENT