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This is your opportunity to be less than one mile from the newly proposed Casino & own a piece of Lake of the Ozarks' history. This well-known landmark parcel, the former Arrowhead Lodge site, is an excellent location with high traffic counts & incredible exposure for any business. With 280' of Business 54 frontage, the possibilities are endless! Imagine your new strip center, retail store, restaurant, office building, professional space, multifamily development, or storage facility in this historically successful location. The property has a great layout with features including; a lake view, a walkout lower level, a scenic view for miles in the back & seasonal lake views in the front. The property has a pond in the lower acreage. City water & sewer & electricity are on-site. You cannot find a better location for the value this property has to offer, especially with the tremendous growth in the area. This commercial lot is only for sale due to the owner's relocation.