117 S French Ave
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117 S French Ave
1,550 SF 100% Leased Retail Building Sanford, FL 32771 $1,000,000 ($645/SF)
Investment Highlights
- BACK ON MARKET WITH HUGE PRICE REDUCTION! Two parcels included with possible seller financing available.
- Recently renovated property in red-hot historic Downtown Sanford with over 25,000 vehicles/day.
- New HVAC, electrical, plumbing, and roof (2018).
- Beautiful historic retail property on 17-92 and large commercial vacant lot next door. Zoned SC3 (retail, office, restaurant, residential).
- Restaurant/Bar with a large patio to conduct events.
Executive Summary
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.
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,550 SF
Building Class
B
Year Built/Renovated
1914/2006
Price
$1,000,000
Price Per SF
$645
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Land Acres
0.66 AC
Zoning
SC-3 - Special Commercial.
Parking
6 Spaces (8 Spaces per 1,000 SF Leased)
Frontage
75 FT on South French Avenue
Amenities
- Bus Line
- Corner Lot
- Courtyard
- Fenced Lot
- Signage
- Air Conditioning
Walk Score ®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 25-19-30-5AG-0308-0100 | Improvements Assessment | $171,665 |
| Land Assessment | $90,780 | Total Assessment | $262,445 |
PROPERTY TAXES
Parcel Number
25-19-30-5AG-0308-0100
Land Assessment
$90,780
Improvements Assessment
$171,665
Total Assessment
$262,445
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Michael Palombi -
Coldwell Banker Realty
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