120 S Park Ave, Sanford, FL
Turn-key restaurant in historic Sanford with outdoor seating.
- 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
Listing agent Rafael Mendez (407) 748-8970
Listing office Saunders Commercial | Orlando (407) 748-8970
Listing date Nov 28, 2025
Source Moodyscre
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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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sanford
- County
- Seminole
- State
- Florida
- Longitude
- -81.2682
- Latitude
- 28.8124