801 W Montrose St - Restaurant FOR SALE


Clermont, FL 34711- Minneola
$4,000,000 USD
321-945-4477
801 W Montrose St, Clermont, FL for Sale
$4,000,000 USD
Restaurant - FOR SALE
1/37
null | Request Cap Rate

801 W Montrose St
Clermont, FL 34711
Minneola


HIGHLIGHTS

  • Prime location in Clermont Downtown Business District
  • Over 1,000 free public parking spaces & 19 Private Parking Spots
  • W Montrose Street, central hub for community events - Year-round events bring consistent foot traffic
  • Walking distance to City Hall, Lake Minneola, and Jenkins Auditorium.
  • Established Fine Dining Steak House with a Speak Easy Lounge and 4 fully leased apartments
  • Extensively renovated in 2025, offering a turnkey opportunity

OVERVIEW

Gandhi Commercial is proud to present a fully renovated, three-level landmark mixed-use asset located on Montrose Street in the heart of downtown Clermont. The property offers approximately 11,101 SF of gross building area on 0.51 acres, with an on-site parking lot accommodating ±19 vehicles. Major renovations were completed between 2024 and 2025, delivering a turnkey investment with multiple income streams. The asset is anchored by a full-service restaurant and bar concept operating across two levels, including a premium steakhouse and a speakeasy-style lounge. The basement (1,911 SF) features “The Club at Crafted,” a 40-seat speakeasy-style bar, while the first floor (4,318 SF) houses “Crafted,” a 120-seat steakhouse with a full-service bar and an additional 24-seat outdoor patio. The second floor (2,940 SF) consists of four fully renovated 1-bedroom, 1-bath residential units, providing consistent supplemental rental income. The business is currently generating approximately $80,000 per month in gross revenue, complemented by $5,920 per month in residential rental income, offering diversified cash flow. The property supports beer, wine, and liquor sales, making it well-positioned for continued restaurant operations or repositioning under a new concept. Extensive recent improvements include full interior renovations across all residential units, a redesign of the restaurant and bar areas with upgraded finishes and fixtures, and a total buildout of the speakeasy lounge. The commercial kitchen has been upgraded with new plumbing, electrical systems, and equipment, and has successfully passed multiple health inspections. Additionally, the building has undergone major system upgrades, including new HVAC systems, updated electrical and plumbing infrastructure, and a professionally sealed roof with a five-year warranty. Offered at $4,000,000, this is a rare opportunity to acquire a stabilized, income-producing mixed-use property in one of Central Florida’s fastest-growing downtown markets. The asset is ideal for an owner-operator seeking an established restaurant business or an investor looking to capitalize on a well-located property with in-place income and future upside.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$360 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crafted - Fine Dine Steakhouse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

CBD

APN/PARCEL ID

24-22-25-0100-091-00100

ASK ABOUT THIS PROPERTY

Sunny GandhiKeller Williams at the Parks RealtyMore Info
321-945-4477

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Sunny GandhiKeller Williams at the Parks RealtyMore Info
321-945-4477

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.