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    Downtown Sanford Restaurant with Patio Title is generated by Realmo AI

    120 S Park Ave, Sanford, FL

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    Turn-key restaurant in historic Sanford with outdoor seating.

    Type:RETAIL
    Property size:
    1,285 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $381/SF
    Added:
    Nov 28, 2025
    Days on Market:
    207
    Last Refresh:
    Apr 5 at 10:32 pm

    Property Features for 120 S Park Ave

    General Information

    Standard status
    Active
    Size
    1,285 SF
    Lot size
    0.14 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Rafael Mendez
    Rafael Mendez

    Listing agent Rafael Mendez

    Listing office Saunders Commercial | Orlando

    Listing date Nov 28, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Saunders Commercial | Orlando

    HighLights

    • Prime Downtown Sanford Location in the Historic District
    • Fully Built‑Out Commercial Kitchen (turn‑key setup)
    • Enjoy the Large Outdoor Patio Seating
    • Modern 2020 Renovation (interior and exterior upgrades)
    • ±1,285 SF Single‑Story Restaurant
    • Historic Architecture (originally constructed in 1938)

    Overview

    Located in downtown Sanford, this single-story restaurant property is situated on the corner of S Park Avenue in the heart of the Historic District. The building, originally constructed in 1938, has a total area of approximately 1,285 square feet on a 0.14-acre lot. The property features historic architecture, having formerly served as a Greyhound station and gas station. A full remodel was completed in 2020, including interior and exterior upgrades. The restaurant includes a fully built-out commercial kitchen with a hood, venting, prep line, sinks, and service area. It also features a large outdoor patio seating area and a roll-up garage door for open-air dining, creating a turn-key setup.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $37.3k $29.04
    − Vacancy −$1.3k −$0.99
    EGI $36.0k $28.05
    − OpEx −$10.8k −$8.42
    NOI $25.2k $19.64
    1,285 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $360.5K
    $315.4K – $420.6K (±1% cap)
    NOI $25,233 @ 7.0% cap · market cap 5.15%
    Second Best
    Specialty Retail
    $354.0K
    $309.8K – $413.0K (±1% cap)
    NOI $24,782 @ 7.0% cap · market cap 5.06%
    Theoretical Best
    Office A
    $365.7K
    $320.0K – $426.6K (±1% cap)
    NOI $25,597 @ 7.0% cap · market cap 5.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    St Johns Realty Real Estate Agency Fuel BBQ Restaurant Insight Construction & Management Construction Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Seminole
    State
    Florida
    Longitude
    -81.2682
    Latitude
    28.8124

    FAQs

    What type of property is this?
    Turn key restaurant - Turn-key restaurant in historic Sanford with outdoor seating.
    Where is this turn key restaurant located?
    The property is located at 120 S Park Ave Sanford, FL.
    What is the asking price?
    The asking price for this property is $490,000.
    What are key features of this property?
    This property features: Prime Downtown Sanford Location in the Historic District; Fully Built‑Out Commercial Kitchen (turn‑key setup); Enjoy the Large Outdoor Patio Seating
    (407) 748-8970 Call to check price and availability
    More about this property
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