$1,200,000
851 N DONNELLY ST, MOUNT DORA, FL 32757
ActiveProperty details
About this home
100 Percent Occupied. Three blocks from Downtown Mount Dora. Professional office building that generates a stable professional services income stream that is less sensitive to tourism seasonality and consumer discrestionary spending cycles. With 17 dedicated parking spaces it has approximately one space per 209 square feet, a significant competitive advantage for office use in a downtown environment where parking is a premium. The property also presents a value-add opportunity: should market conditions warrant, the building could be repositioned for mixed-use or additional retail/F&B conversion, capitalizing on the continued growth and densification of the Downtown Mount Dora commercial district.
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Listings courtesy of Stellar MLS as distributed by MLS GRID. MLS #MFR812054642. Listing brokerage: HOMESTEAD REAL ESTATE LLC. Status: Active.
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