801 W Montrose St - Restaurant FOR SALE


Clermont, FL 34711- Minneola | 
$3,290,000 USD
321-945-4477
801 W Montrose St, Clermont, FL for Sale
$3,290,000 USD
Restaurant - FOR SALE
1/47
null | Request Cap Rate

NEW


801 W Montrose St
Clermont, FL 34711
Minneola


HIGHLIGHTS

  • Fully operational second-generation restaurant and mixed-use property
  • Major renovations completed in 2024-2025
  • Four fully leased residential units generating rental income
  • On-site parking spaces supplemented by abundant free public parking

OVERVIEW

This is a fully operational second-generation restaurant and mixed-use property in downtown Clermont, FL. The sale includes approximately 11,101 SF of gross building area on approximately 0.51 acres, with dedicated on-site parking for approximately 19 vehicles, along with additional street parking available throughout downtown Clermont. The property consists of three primary components: Main-level restaurant – 4,318 SF: Fully operational restaurant currently operating as an established steakhouse with approximately 120 seats, a full liquor bar, and an outdoor patio. A new owner may continue the existing concept or bring their own restaurant concept and menu. Lower-level lounge – 1,911 SF: Fully built-out and operational speakeasy-style lounge with approximately 40 seats and a full liquor bar. Second-floor residential – 2,940 SF: Four renovated 1-bedroom, 1-bath apartments, currently fully leased and generating approximately $5,920 per month in rental income. The restaurant, lounge, and residential units underwent extensive renovations during 2024–2025. Improvements included full interior renovations of all four apartments, upgraded finishes and fixtures throughout the restaurant, a complete buildout of the lower-level lounge, and significant improvements to the commercial kitchen. Kitchen improvements included updated plumbing, electrical systems, and equipment. Additional building improvements include new HVAC systems, updated electrical and plumbing infrastructure, and a professionally sealed roof with a five-year warranty. The property provides an opportunity for an owner-operator to acquire a fully operational restaurant while also benefiting from rental income generated by the four leased residential units.

FOR SALE DETAILS

PRICE

$3,290,000 USD

PRICE/SF

$296 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,346 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.