Stand-Alone Liquor
For Sale
Contact for pricing
200 FRENCH AVE, Sanford, FL 32771
For sale stand-alone liquor store with a FL 3-PS quota alcohol license and included FF&E for immediate operations.
Property Size2,933 SF
Price / SF$272.76
Days on Market64
Property Features for 200 FRENCH AVE
General Information
Standard status
Active
Size
2,933 SF
Class
B
Property subtype
Retail, Business for Sale
Additional Details
Business Included
Yes
Liquor License
Yes
Building Details
Year Built
1960
Stories
1
Units
1
Listing Agency:
Patricia Burnside Realty
(305) 595-9522
Listed By:
Julie Negovan · License #3449363
Source:
Crexi
Added: Jun 10
Changed: Aug 8
Last Checked: Aug 11 at 11:51AM
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 Patricia Burnside Realty
Investment Insights
Based on property information with market context.
This premium stand-alone liquor store offers spirits, curated wine, rare bourbon, craft beer and related selection. The sale includes all furniture, fixtures, and equipment (excluding inventory) along with the licenses required to operate the business. A FL 3-PS quota alcohol license is included and is identified as valued at $275,000. Inventory is available separately from the seller at approximately $250,000.
The store operates seven days per week, with hours listed as Sun–Thu 10am–12am and Fri–Sat 10am–2am (2025). The offering is located at 200 French Ave, Sanford, FL 32771, with the business described as approximately 3,000 square feet (the property size is listed as 2,933).
For a qualified buyer or operator, this is a turnkey path to liquor retail with the operational licenses and in-place operating inventory structure handled through the separate inventory purchase. The remarks also indicate the business could be packaged with another local liquor store with real estate, and that the real estate itself may be available separately for $1.3M. For reference, monthly rent is stated as approximately $4,300/month in 2025, with 2025 total revenue identified as $1,110,647 and gross profit of $479,752 at 43.2%.
The store operates seven days per week, with hours listed as Sun–Thu 10am–12am and Fri–Sat 10am–2am (2025). The offering is located at 200 French Ave, Sanford, FL 32771, with the business described as approximately 3,000 square feet (the property size is listed as 2,933).
For a qualified buyer or operator, this is a turnkey path to liquor retail with the operational licenses and in-place operating inventory structure handled through the separate inventory purchase. The remarks also indicate the business could be packaged with another local liquor store with real estate, and that the real estate itself may be available separately for $1.3M. For reference, monthly rent is stated as approximately $4,300/month in 2025, with 2025 total revenue identified as $1,110,647 and gross profit of $479,752 at 43.2%.
Key Highlights
- Stand‑alone 3,000 SF liquor store (year built 1960) for immediate operations
- Includes a FL 3‑PS quota alcohol license (valued at $275,000)
- FF&E included: all furniture, fixtures, and equipment (excluding inventory), plus all operating licenses
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,595
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,151,900
$1.2M
Cap Rate 7%
$822,786
$822.8K
Cap Rate 9%
$639,944
$639.9K
Market Conditions
NOI Build-Up for 2,933 SF
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.
Gross rent
$85.2K $29.04/SF
− Vacancy
−$2.9K −$0.99/SF
EGI
$82.3K $28.05/SF
− OpEx
−$24.7K −$8.42/SF
NOI
$57.6K $19.64/SF
Area
Seminole County, FL
Vacancy
3.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,151,900
Cap Rate 7%
$822,786
Cap Rate 9%
$639,944
Alternative Uses
Best Use
Retail
$822.8K
$719.9K – $959.9K
NOI $57,595 @ 7.0% cap · market cap 7.20%
Second Best
Specialty Retail
$808.1K
$707.1K – $942.8K
NOI $56,566 @ 7.0% cap · market cap 7.07%
Theoretical Best
Office A
$834.6K
$730.3K – $973.8K
NOI $58,425 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
1,407
Businesses Nearby
Explore this area
Business Placement
Demographics for 32771, FL
57,178
Population
24,062
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
37.5 sq mi
ZIP Area
1,525
Density / Sq Mi
$74,520
Median Household Income
$43,321
Median Earnings
$1,584
Median Rent
$332,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - For sale stand-alone liquor store with a FL 3-PS quota alcohol license and included FF&E for immediate operations.
Where is this retail space located?
The property is located at 200 FRENCH AVE Sanford, FL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Stand‑alone 3,000 SF liquor store (year built 1960) for immediate operations; Includes a FL 3‑PS quota alcohol license (valued at $275,000); FF&E included: all furniture, fixtures, and equipment (excluding inventory), plus all operating licenses
