Cafe with Second-Floor
For Sale
$360,000
440 N Donnelly St, Mount Dora, FL 32757
For-sale cafe at 440 N Donnelly St. features a second-floor balcony and a green awning.
Property Size2,070 SF
Price / SF$173.91
Days on Market61
Property Features for 440 N Donnelly St
General Information
Standard status
Active
Size
2,070 SF
Property subtype
Business Opportunity
Listing Agency:
BHHS FLORIDA REALTY
(352) 552-3968
Listed By:
Bob David · License #3142592
(352) 552-3968
Source:
Exprealty
Added: Jun 24
Changed: Aug 23
Last Checked: Aug 22 at 4:24AM
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 BHHS FLORIDA REALTY
Investment Insights
Based on property information with market context.
This for-sale cafe offers a street-facing presence with a second-floor balcony and a green awning visible at the property.
Located at 440 N Donnelly Street in Mount Dora, the property is accessed by heading south on Donnelly St. past Donelley Park. As you cross Fifth Ave, the cafe is on the left.
The listing information identifies the asset as a coffee shop and restaurant use within Lake County.
Located at 440 N Donnelly Street in Mount Dora, the property is accessed by heading south on Donnelly St. past Donelley Park. As you cross Fifth Ave, the cafe is on the left.
The listing information identifies the asset as a coffee shop and restaurant use within Lake County.
Key Highlights
- Cafe for sale at 440 N Donnelly St. in Mount Dora (Lake County).
- Second‑floor balcony on the property.
- Green awning mentioned at the storefront.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,260
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$645,200
$645.2K
Cap Rate 7%
$460,857
$460.9K
Cap Rate 9%
$358,444
$358.4K
Market Conditions
NOI Build-Up for 2,070 SF
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.
Gross rent
$44.7K $21.60/SF
− Vacancy
−$1.7K −$0.82/SF
EGI
$43.0K $20.78/SF
− OpEx
−$10.8K −$5.19/SF
NOI
$32.3K $15.58/SF
Area
Lake County, FL
Vacancy
3.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$645,200
Cap Rate 7%
$460,857
Cap Rate 9%
$358,444
Alternative Uses
Best Use
Specialty Retail
$460.9K
$403.3K – $537.7K
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
NOI $41,234 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,101
Businesses Nearby
10k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 78%
Groceries 22%
Truist
Shops & Services
6,349 visits/mo
0.1 miles
The Spice & Tea Exchange
Groceries
2,182 visits/mo
0.1 miles
Napa Auto Parts
Shops & Services
1,436 visits/mo
0.5 miles
Demographics for 32757, FL
30,315
Population
14,625
Households
2.1
Avg Household Size
49
Median Age
36%
College-Educated
92%
High-School Grad
35.3 sq mi
ZIP Area
859
Density / Sq Mi
$73,327
Median Household Income
$40,565
Median Earnings
$1,474
Median Rent
$325,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Cody's On 4th — 111 E 4th Ave, Mt Dora, FL 32757
- Serendipity Brews — 144 W 5th Ave, Mt Dora, FL 32757
- One Flight Up Cafe — 440 N Donnelly St, Mt Dora, FL 32757
- Smoothie Me Up — 334 N Donnelly St, Mt Dora, FL 32757
- Red Moon Cafe & Bakery LLC. — 325 S Highland St, Mt Dora, FL 32757
Frequently Asked Questions
What type of property is this?
Coffee shop - For-sale cafe at 440 N Donnelly St. features a second-floor balcony and a green awning.
Where is this coffee shop located?
The property is located at 440 N Donnelly St Mount Dora, FL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Cafe for sale at 440 N Donnelly St. in Mount Dora (Lake County).; Second‑floor balcony on the property.; Green awning mentioned at the storefront.
