This property is Off-Market

6909 Old Highway 441
Mount Dora, FL 32757 ·

44,084 SF · Retail For Sale

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BANK OWNED - Highland Street Market

Price N/A Cap Rate 22.56%
Gross Leasable Area 44,084 SF No. Stories 3
Property Type Retail Tenancy Multiple
Property Sub-type
Strip Center
More...
  • Office Building
  • Community Center
  • Neighborhood Center
Year Built 2008
Property Use Type Investment Lot Size 4.85 AC
Distressed Yes APN / Parcel ID 05-20-27-3095-01-000
Listing ID: 17243894 Date Created: 07/13/2011 Last Updated: 04/05/2013

Description

BANK OWNED. !!!Price just reduced by -$3,300,000 for quick sale!!! Brand new 2008 built beautiful Tuscan/Mediterranean style construction. 3 tiered flag stone fountain. 3 story building. 1st floor - 34,151 SF of inline retail/office space. 2nd floor - 9,933 SF of office space. 3rd floor common area open-aired covered terrace. Elevator. Fire sprinkler system. Abundant parking. Majority of building is 1st generation space. 50,800 Gross SF building on 4.85 acres of PD zoned land. Future Land Use is commercial. BRING ALL OFFERS!!!

1 mile south of downtown Mount Dora on Old Highway 441 & 3/4 mile north of Highway 441 in Mount Dora, Florida.

Highlights

  • BANK OWNED - !!!BRING ALL OFFERS, PRICE JUST REDUCED BY -$3,300,000 FOR QUICK SALE!!!
  • Brand New Beautiful Tuscan Style construction
  • Abundant Parking
  • 0% OCCUPANCY CURRENTLY / 22.56% Cap Rate PROFORMA @ 80% OCCUPANCY
  • Property backs up to a golf course
  • PRICED AT JUST $37.42 PER SF

Research

6909 Old Highway 441, Mount Dora, FL 32757 (Lake County)

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