684 W Montrose St, Clermont, FL 34711

Unique value-add investment or redevelopment opportunity located in the heart of Downtown Clermont, Florida. The property consists of two buildings with a total of 4,500 ± SF in size and is currently 80% occupied with below-market rents. Current CBD (Central Business District) zoning gives this property a redevelopment opportunity since it allows the construction of two additional stories. The City of Clermont has seen recent growth, especially within the Downtown market. The main highlight of the city is the recent improvements they have implemented to the local lakefront Victory Pointe Park. The $9.5-million stormwater project and urban, passive park, is critical to the success of the City’s award-winning Master Plan aimed at revitalizing the downtown and waterfront. For more information, visit https://www.clermontfl.gov/news/clermont-set-to-complete-victory-pointe-project-this-summer.stml  « show less

Unique value-add investment or redevelopment opportunity located in the heart of Downtown Clermont, Florida. The property consists of two buildings...  show more »