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$35,940
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Property Description
Prime C-1 Commercial Space on State Road 50 - High Visibility & Excellent Access Outstanding opportunity to lease a flexible office and 3-bay garage/shop space located directly on State Road 50, the main East-West corridor across Central Florida. This freshly painted facility features a 3-bay shop measuring 26' x 41' with 12-ft-wide bay doors and a minimum 9-ft ceiling height, providing functional space for storage, light commercial, or service-based operations (excluding auto repair). The property is located on the Lake Xpress bus route. Lake Xpress interfaces with metro Orlando's Lynxx mass transit system. The 24' x 36' air-conditioned office/back-shop area offers comfortable workspace, reception, or operations support with plenty of versatility. Positioned just minutes from US Highway 27 and the Florida Turnpike, the property also provides a direct connection to Lakeland via State Road 33, a major gateway to Interstate 4 and the Tampa Bay distribution corridor. High traffic counts, strong visibility, and easy access make this location ideal for professional services, trades, small-scale commercial operations, or businesses seeking strategic placement on one of Central Florida's most traveled routes. Note: This location is not suitable for a used car lot or auto repair shop.
Full Property Details
Full Property Details for 642 W Broad St
General
- Sold For: $35,940
- Taxes: $3,060 (2025)
- Status: Closed
- Type: Commercial Lease
- Source: MidFloridaRegionalMLS
- MLS ID: G5104711
- Added to Site: 59 day(s) ago
Rental Information
- Complex Features: Bathrooms, High Bays, Overhead Doors
- Lease/Rent Term: 12 Months
Interior
- Flooring: Ceramic Tile, Concrete
Parking
- Parking Features: 13 to 18 Spaces, Ground Level
Location
- Area: 34736 - Groveland
- County: Lake
- Development Name: 34736 - Groveland
- Subdivision: GROVELAND A M DAVIS RESUB
- Driving Directions: From State Roads 50 & 33 in Groveland, go WEST on SR 50. At Ivey St. make U-TURN onto Broad St
- Direction Faces: East
Community
- Community Name: 34736 - Groveland
- Community Features: Sidewalks
Heating & Cooling
- Cooling Type: A/C - Office Only, Central Air
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: BB/HS Internet Capable
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Metal
- Ceiling Height: 8 to 9 Feet
- Stories/Levels: One
- Square Feet: 864
- Sq. Ft. Source: Public Records
- Living Area: 864 Sq. Ft.
- Year Built: 1951
Lot Features
- Lot Size (Acres): 0.42
- Lot Size (Sq. Ft.): 18,295
- Lot Size: 18295
- Lot Dimensions: 90 x 134
- Frontage: Main Throrughfare, State Road
- Street/Road Desc.: Asphalt, Paved
Financial Considerations
- Tax Amount: $3,060.52
- Tax Year: 2025
Disclosures and Reports
- Legal Description: GROVELAND A M DAVIS RESUB LOT 21 S OF HWY LOT 22 S OF HWY --LESS E 10 FT--PB 11 PG 67 ORB 4176 PG 2167
- Flood Zone Info: X
- APN: 242224030000002100
- Property ID: 242224030000002100
Listed and Sold by Coldwell Banker Hubbard Hansen
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Schools
Schools serving 642 W Broad St
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Groveland Elementary School 930 Parkwood Street, Groveland, FL 34736 | PK-5 | 1.2 mi |
Gray Middle School 205 East Magnolia Street, Groveland, FL 34736 | 6-8 | 0.5 mi |
South Lake High School 15600 Silver Eagle Road, Groveland, FL 34736 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 642 W Broad St
Date
Details
Price
Change
Source
1/05/2026
Sold
$35,940
1100%
MLS
11/19/2025
Listed
$2,995
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
642 W Broad Street, Groveland, FL 34736 (MLS# G5104711) is a Commercial Lease property that was sold at $35,940 on January 05, 2026. Want to learn more about 642 W Broad Street? Do you have questions about finding other Commercial Lease real estate for sale in Groveland? You can browse all Groveland real estate or contact a Coldwell Banker agent to request more information.

