Unique Investment Opportunity: Wine + Tapas Bar + Event Center in Historic Downtown Sanford. Prime location on Sanford Ave in front of the new Foxtail Coffee inside of a 100 year old historic building with exposed original brick plus the block where most of the major events occur. Independent ‘Barcelona-Style’ tapas bar with side entrance and prep kitchen. Incredible custom woodwork and unique hand paint work throughout the space. The recently built-out space was designed to be a cozy and vibrant European-style wine bar and event center offering a curated mix of old and new world wine, craft beer, sangria, and Spanish + Italian tapas. Space has plenty of room for food + wine classes, small group events, bridal parties and for those special occasions.
HIGHLIGHTS: Turnkey and Currently Unbranded Concept. Current 2COP License (beer and wine) City of Sanford Certificate of Occupancy, DBPR approved, Multiple free parking lots surrounding location, New food + bar concepts have recently opened and are opening soon within two blocks, Built out prep kitchen including grease trap installed and approved. Great terms on lease in beautiful 100-yr old historic building Over 1600 sq ft with add’l space for greeting/waiting area Outdoor cafe seating available, 18 foot vaulted ceilings, kitchen appliances included, (2) TWO Second floor flex spaces (office, storage, private events, extra seating, etc). Incredible lease terms $2,700/mo, 10 year term, 4% increase.
The income description goes here to explain
List Price | $79,000 |
Property Type | Hotel & Restaurants |
Usable Sqft | Unknown |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 1926 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | Unknown |
MLS # | O6235106 |
Property ID | 318084748 |
Lot Sqft | Unknown |
Zoning | Unknown |
Days on Market | 97 |
Original List Price | $125,000 |
Date Updated | September 30, 2024 |
Date Created | August 22, 2024 |
Financials not available online. Please inquire with your agent for more details.
Chris Cranias an agent of .
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT