About 1255 S Lake Shore Way
Prime Redevelopment Opportunity in Lake Alfred — 0.89 Acres with Guest Cottages Discover an exceptional investment and redevelopment opportunity in the heart of Lake Alfred. Situated on 0.89 acres, this property currently features nine individual guest-style cottage units offering flexible use as short-term or long-term rentals. A separate utility shed also sits on the property, providing additional storage or operational space. With its spacious layout, existing structures, and highly desirable location, this property is ideal for redevelopment into a modern motel, income-producing multi-unit lodging, boutique cottages, or commercial mixed-use concepts. Investors and developers will appreciate the expansive footprint, strong local growth, and proximity to major thoroughfares, lakes, and Central Florida attractions. Whether you plan to renovate, reimagine, or rebuild entirely, this site presents a rare opportunity to bring a new vision to one of Lake Alfred’s most promising commercial corridors. Unlock the full potential of this unique property and create the next standout lodging or commercial destination in Lake Alfred.
Commercial Sale home for sale in LAKE ALFRED, FL at 1255 S Lake Shore Way. This Commercial Sale home is priced at $216/sqft
Features of 1255 S Lake Shore Way
| MLS® # | P4937065 |
|---|---|
| Price | $599,000 |
| Square Footage | 2,768 |
| Acres | 0.89 |
| Year Built | 1954 |
| Type | Commercial Sale |
| Sub-Type | Hotel/Motel |
| Status | Active |
Community Information: Lake Alfred
| Address | 1255 S Lake Shore Way |
|---|---|
| Area | Lake Alfred |
| Subdivision | ROCHELLE TERRACE REP |
| City | LAKE ALFRED |
| County | Polk |
| State | FL |
| Zip Code | 33850-3431 |
Amenities of 1255 S Lake Shore Way
| Parking | 6 to 12 Spaces |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Senior Community | No |
Interior of 1255 S Lake Shore Way
| Cooling | Wall/Window Unit(s) |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
Exterior of 1255 S Lake Shore Way
| Lot Description | City Lot, Street Lights |
|---|---|
| Roof | Shingle |
| Foundation | Crawlspace, Slab |
Additional Information On 1255 S Lake Shore Way
| Date Listed | November 19th, 2025 |
|---|---|
| Days on Market | 2 |
| Zoning | C-1 |
| Flood Zone Code | X |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | CENTURY 21 MYERS REALTY |
|---|