Retail Storefront with Dual
201 W WASHINGTON STREET Minneola, FL 34715
For Sale
$225,000
Storefront property with dual zoning for Residential and B1 Commercial, with existing structure needing renovation.
Property Size945 SF
Price / SF$238.10
Days on Market433
Property Features for 201 W WASHINGTON STREET
General Information
- Standard status
- Active
- Size
- 945 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1930
Listing Agency:
CREEGAN GROUP
(407) 398-3295
Listed By:
David Johnston · License #3410521
(407) 398-3295
Source:
Exitrealty
Added: May 17, 2025
Changed: Jul 23
Last Checked: Jul 23 at 8:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CREEGAN GROUP
Investment Insights
Based on property information with market context.
This versatile retail storefront property includes dual zoning that accommodates both Residential and B1 Commercial use. The existing structure is in need of renovation and can be remodeled or removed to suit different end goals.
The property is located one block from Highway 27 and a couple miles from downtown Clermont, offering convenient access and visibility for retail-oriented uses.
For buyers considering adaptive reuse, the combination of dual zoning and an adjustable site footprint provides flexibility in how the property may be developed or repositioned.
The property is located one block from Highway 27 and a couple miles from downtown Clermont, offering convenient access and visibility for retail-oriented uses.
For buyers considering adaptive reuse, the combination of dual zoning and an adjustable site footprint provides flexibility in how the property may be developed or repositioned.
Key Highlights
- Year built 1930
- Dual zoning allows Residential and B1 Commercial use
- Storefront property with existing structure that needs renovation
Financial Insights For 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 | $17.0k | $18.00 |
| − Vacancy | −$1.0k | −$1.10 |
| EGI | $16.0k | $16.90 |
| − OpEx | −$4.8k | −$5.07 |
| NOI | $11.2k | $11.83 |
945 SF · lease $18.00/SF/yr · vacancy 6.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$159.7K
$139.8K – $186.4K
NOI $11,181 @ 7.0% cap · market cap 4.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$268.9K
$235.3K – $313.7K
NOI $18,824 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Storefront property with dual zoning for Residential and B1 Commercial, with existing structure needing renovation.
Where is this retail space located?
The property is located at 201 W WASHINGTON STREET Minneola, FL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Year built 1930; Dual zoning allows Residential and B1 Commercial use; Storefront property with existing structure that needs renovation
