$1,295,000

MOUNT DORA FL, 32757

Description

Large and very desirable Mount Dora US HWY 441 commercial lot near the busy Donnelly ST. intersection. Almost exactly square 1.55 acre property with considerable frontage on six lane US HWY 441. Property is improved with a restaurant building originally built in 1964 and has been added on and remodeled many times. Value is in the land only and the property is being sold as if vacant though buyer could utilize the strucuture or minimally obtain impact fee credits with the city of Mount Dora and Lake County. Exisiting business is not for sale and tenant will vacate with notice. Again, value is in the land and not the building. Owner will allow new buyer adequate time for any redevelopment approvals with adequate deposits. DO NOT DISTURB TENANT.

Details

MLS#G5023053
StyleRetail
Sub-TypeResale
StatusActive
Year1964
Days On Site27

Features

SQ Feet6,500
Story(s)1
ZoningC-3

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Area Information

StateFL
CountyLake
CityMOUNT DORA
Zip Code32757
Area32757 - Mount Dora
Listing VS Median (in 32757)
Price:
$1,295,000
low | high
Med:
$259,000
100% of Average
SqFt:
6,500
low | high
Med:
1,498
100% of Average
$ / SqFt:
$199
low | high
Med:
$173
63.217623497997% of Average
On Site:
27
low | high
Med:
62
43.548387096774% of Average
Listing Updated: 12/13/2019
MLS Number: G5023053
Listing Provided By:
Paul Bryan, II  of  BRYAN PROPERTIES INC.

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