Restaurant/Bar Opportunity with Real
For Sale
$850,000
3640 SANFORD AVENUE, Sanford, FL 32773
Restaurant/Bar with real estate, equipment, and outdoor seating.
Property Size2,057 SF
Lot Size0.52 Acres
Price / SF$413.22
Days on Market512
Property Features for 3640 SANFORD AVENUE
General Information
Standard status
Active
Size
2,057 SF
Lot size
0.52 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1970
Listing Agency:
PABLO A NIEVES, BROKER
(407) 265-2292
Listed By:
Pablo Nieves · License #3119651
(407) 265-2292
Source:
Exitrealty
Added: Mar 7, 2025
Changed: Jul 6
Last Checked: Jul 31 at 4:40AM
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 PABLO A NIEVES, BROKER
Investment Insights
Based on property information with market context.
This sale presents an excellent opportunity, including the real estate, business, and equipment. The property is located in a superb location with great access on a high traffic count road. Multiple options exist for a restaurant, bar, or a combination of both, featuring indoor and outdoor seating. The setting is suitable for private events with large groups. A beautiful patio and seat-down area are ideal for outdoor live music events, BBQs, and under-the-stars dining and entertainment. The property includes two ample bathrooms and a good-sized kitchen with a hood and walk-in cooler. A small home on the backyard can be converted into livable space or used for storage. The property is currently operating as a bar/night club with beer and wine service, pool tables, and other entertainment. The property size is 2057 square feet. The property offers many opportunities for the right vision.
Key Highlights
- Business, real estate, and equipment included in sale
- High‑traffic location with great access
- Multiple options for Restaurant, Bar, or combination
Financial Insights For Specialty 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 | $56.0k | $27.24 |
| − Vacancy | −$3.1k | −$1.53 |
| EGI | $52.9k | $25.71 |
| − OpEx | −$13.2k | −$6.43 |
| NOI | $39.7k | $19.29 |
2,057 SF · lease $27.24/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$566.7K
$495.9K – $661.2K
NOI $39,671 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$585.4K
$512.2K – $682.9K
NOI $40,975 @ 7.0% cap · market cap 4.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
574
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32773, FL
33,990
Population
13,402
Households
2.5
Avg Household Size
36
Median Age
24%
College-Educated
88%
High-School Grad
27.6 sq mi
ZIP Area
1,232
Density / Sq Mi
$63,496
Median Household Income
$40,479
Median Earnings
$1,482
Median Rent
$259,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Circle K — 7499 County Rd 427, Sanford, FL 32773
- Winchester — 3404 Whitner Way, Sanford, FL 32773
- WingHouse Bar & Grill — 2935 S Orlando Dr, Sanford, FL 32773
- Los Campos De America Bar & Grill — 3640 Sanford Ave, Sanford, FL 32773
- Airport Lanes — 190 E Airport Blvd, Sanford, FL 32773
Frequently Asked Questions
What type of property is this?
Bar & Pub - Restaurant/Bar with real estate, equipment, and outdoor seating.
Where is this bar & pub located?
The property is located at 3640 SANFORD AVENUE Sanford, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Business, real estate, and equipment included in sale; High‑traffic location with great access; Multiple options for Restaurant, Bar, or combination
