214 Sanford Ave, Sanford, FL 32771 | For Sale

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For Sale $79,000

$79,000
  • (0)
  • Units
  • Unknown Sq Ft
  • Unknown Sq Ft
  • Unknown Cap Rate

Description

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

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.

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Listing Provided By

Chris Cranias an agent of .


© 2024 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of September 30, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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