Situated in the heart of Lake Panasoffkee this property spans an entire city block with 300'+/- of road frontage on C-470 N and 150'+/- of road frontage on CR 467D. Totaling 2.5+/- acres this parcel is perfect for commercial development with uses including retail and office use. Water and sewer is located onsite and is provided by Lake Panasoffkee Utility Services. Current zoning on the property is CL (Light Commercial) on the frontage and R4C (Medium Density Conventional Residential) on the rear of the property; however, with a zoning change, all of the property could become CL. The adjoining neighbor to the North is a retired convenience store (currently for sale) and the adjoining neighbor to the South is the former Moose lodge (currently for sale). If these parcels were assembled, it would incorporate a city block North & South and total 4.75+/- acres. With the southern expansion of The Villages, Lake Panasoffkee is a great place to invest for future growth. Call or email today for additional information.