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    Turnkey Restaurant with Outdoor Balcony Title is generated by Realmo AI

    440 N DONNELLY STREET, Mount Dora, FL 32757

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    For Sale
    $360,000

    Restaurant - MOUNT DORA, FL

    Property size:
    2,070 SF
    Price / SF:
    $173/SF
    Added:
    Jun 24, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 27 at 2:06 pm

    Property Features for 440 N DONNELLY STREET

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Security features
    Security System, Security System Owned
    Standard status
    Active
    APN
    29-19-27-0030-002-00900
    Size
    2,070 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1924
    Architectural style
    Other

    We can help!

    Contact an agent
    Bob David

    Listing agent Bob David License #3142592

    Listing office BHHS FLORIDA REALTY 100 W Fifth Ave, Sunrise, FL

    Listing date Jun 24, 2026

    MLS# G5114224 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


    Overview

    This turnkey restaurant offering includes a 70-seat cafe and restaurant layout with a well-appointed bar area and themed dining rooms. The property is described as recently renovated, with furniture, fixtures, and equipment in place, supporting immediate operation upon approval. A key feature of the concept is the open-air outdoor dining experience from its second-floor balcony.

    The business is located at 440 N Donnelly Street in the heart of downtown Mount Dora. The second-floor balcony provides views of Donnelly Street activities below. The City of Mount Dora is described as hosting over 30 events annually, and the area is characterized in the remarks as a year-round lakefront destination.

    For an operator seeking a ready-to-run food service location, this asset is positioned as an established cafe/restaurant with a 2COP liquor license, subject to landlord approval for any long-term lease arrangement. With the noted renovation and in-place FF&E, a qualified buyer or tenant can focus on continuing the restaurant’s existing service model while leveraging the outdoor dining balcony experience that ties the interior dining rooms to street-level activity.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $44.7k $21.60
    − Vacancy −$1.7k −$0.82
    EGI $43.0k $20.78
    − OpEx −$10.8k −$5.19
    NOI $32.3k $15.58
    2,070 SF · lease $21.60/SF/yr · vacancy 3.80% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $460.9K
    $403.3K – $537.7K (±1% cap)
    NOI $32,260 @ 7.0% cap · market cap 8.96%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $589.1K
    $515.4K – $687.2K (±1% cap)
    NOI $41,234 @ 7.0% cap · market cap 11.45%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Dora
    County
    Lake
    State
    Florida
    Longitude
    -81.644505
    Latitude
    28.800255

    FAQs

    What type of property is this?
    Conventional restaurant - Turnkey, renovated 70-seat cafe with bar service and open-air second-floor balcony dining in downtown Mount Dora.
    Where is this conventional restaurant located?
    The property is located at 440 N DONNELLY STREET Mount Dora, FL.
    What is the asking price?
    The asking price for this property is $360,000.
    More about this property
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