12% CAP RATE! HIGHLY DESIREABLE RESIDENTIAL / OFFICE SPACE COMBO LOCATED ON THE MAIN MOUNT DORA CORRIDOR, IN THE HEART OF UPTOWN MOUNT DORA! Currently utilized both as a short-term/vacation rental and office space (right/front building). Features a one-car attached garage accessible from both the residential and commercial side. This property has the BEAUTIFULLY MAINTAINED exterior CHARM of Mount Dora with a NEWLY RENOVATED INTERIOR and LANDSCAPED OUTDOOR SPACE. *** This is an excellent PROFESSIONAL'S OPPORTUNITY TO LIVE AND WORK ON ONE PROPERTY!!! The HEIRLOOM RETREAT (sold furnished) has been beautifully remodeled as a profitable two bedroom, two bathroom short-term/vacation rental with a generous central living area, dining area, full kitchen, and large screened porch featuring garden views. Heirloom Hideaway is a separate building comprising of either 3 bedrooms or 3 offices.Hideaway currently being rented as short term vacation rental also. Heirloom Petite Retreat is a separate studio which is also being used as short term rental but can also be used as an owners suite. Office space is easily used for a small firm's MAIN OFFICE (such as for a THERAPIST or CONSULTANT), or large firm's SATELLITE OFFICE (such as for an ATTORNEY or ACCOUNTANT wanting to have a physical presence in NW Lake County). Office space could also be a great COWORKING SPACE with a more COST-EFFECTIVE shared arrangement for reception, conference room, and facilities! *** *** FOUR PRIVATE ENTRANCES to commercial building. *** ONSITE PARKING for the convenience of your employees and your clients, with additional parking in public lot across S Highland St. *** Commercial building has TWO FULL BATHROOMS with showers. *** Lots of use configuration options! The almost 1,300 sq ft commercial building is currently configurable as three office spaces with separate private entrances (one office space with bathroom is currently built out as a studio suite), one large office space, or something in between. The very front of the building (20' x 8') can be leased separately since there is a lockable door and can be a small office or reception area for the larger office. Within the larger office space, there is a RECEPTION AREA (13.5' x 7' plus 6' x 5'), ADMIN AREA (11.5' x 7.5'), TWO PRIVATE OFFICES (13.5' x 10.5' and 10.5' x 9'), and TWO PRIVATE CONFERENCE ROOMS (11.5' x 11.5' and 11.5' x 10.5'). All offices are LIGHT, BRIGHT and LARGE! ***Reception can be exchanged for admin area and existing admin area can be a small office or breakroom. One conference room can easily be used as a pass-through office with two desks. *** S Highland Street is THE MAIN ARTERY into Mount Dora from the south and connects directly to US-441 / OBT via Old Hwy 441 (1.5 mile drive). Daily traffic count is approximately 10,000 (Annual Average Daily Traffic (AADT)), per the property owner. Property is only .4 miles from 5th Avenue (which leads to downtown) and less than another half mile from the Mount Dora Historic District with all of its dining, shopping, and festivals that attract thousands and thousands of visitors each year. Located a 12-minute walk from Downtown Mount Dora .

Listing courtesy of STELLAR_MLS / HEIRLOOM REALTY INTERNATIONAL

Last checked: Checking… • Last updated May 13, 2023 • Source: STELLAR_MLS

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