117 S French Ave - Restaurant FOR SALE


Sanford, FL 32771
$1,000,000 USD
407-754-6230
117 S French Ave, Sanford, FL for Sale
$1,000,000 USD
Restaurant - FOR SALE
1/30
null | Request Cap Rate

Jan '25


117 S French Ave
Sanford, FL 32771


HIGHLIGHTS

  • BACK ON MARKET WITH HUGE PRICE REDUCTION! Two parcels included with possible seller financing available.
  • Beautiful historic retail property on 17-92 and large commercial vacant lot next door. Zoned SC3 (retail, office, restaurant, residential).
  • Recently renovated property in red-hot historic Downtown Sanford with over 25,000 vehicles/day.
  • Restaurant/Bar with a large patio to conduct events.
  • New HVAC, electrical, plumbing, and roof (2018).

OVERVIEW

BACK ON MARKET WITH HUGE PRICE REDUCTION! Two parcels included with possible seller financing available. Beautiful historic retail property on 17-92 and large commercial vacant lot next door. Recently renovated property in red-hot historic Downtown Sanford with excellent location right on French Ave as you enter downtown Sanford with over 25,000 vehicle/day. 1914 Victorian Home with high ceilings & elegant charm is zoned SC3 (retail, office, restaurant, residential, and professional services). Additional lot for a combined ½ acre of commercial in a booming area, a full city block with two corners. Restaurant/Bar with a large patio to conduct events. Large covered balcony that wraps around the propety and elegant courtyard dining area. Seats a decent amount on the inside and a generous amount on the outside patio. The kitchen is small but pushes out a decent amount of food. House may be purchased and moved elsewhere. New HVAC, electrical, plumbing, and roof (2018). The lot at 120 Laurel Ave is currently used for vehicle storage but can be developed.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$645 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1914

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

SC-3

APN/PARCEL ID

25-19-30-5AG-0308-0060,25-19-30-5AG-0308-0100

ASK ABOUT THIS PROPERTY

Michael PalombiColdwell Banker RealtyMore Info
407-754-6230

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Michael PalombiColdwell Banker RealtyMore Info
407-754-6230

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.