Mixed-Use Building with
209 N OAK AVENUE Sanford, FL 32771
209 N OAK AVENUE, Sanford, FL, 32771
$900,000
For Sale
$900,000
Mixed Use - SANFORD, FL
Property Size6,032 SF
Lot Size0.10 Acres
Price / SF$149.20
Days on Market832
Property Features for 209 N OAK AVENUE
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Zoning
- SC3
- Standard status
- Active
- APN
- 25-19-30-5AG-0104-0110
- Size
- 6,032 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 4768.91
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1887
- Building materials
- Brick
- Architectural style
- Other
Listing Agency
SLOANE REALTY, LLC
(407) 829-2418
319 S ELM, Sanford, FL
Listed by
Matt White · License #3106449
(407) 758-3166
Added: Apr 10, 2024 Checked: Jul 20 at 12:06 pm
MLS# O6195006
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property includes a lower-level bar/restaurant concept with potential residential development upstairs. The seller is in the planning process to construct three apartments on the upper level while maintaining a bar/restaurant use on the lower level. The property is zoned SC-3, with retail, restaurant, office, and multifamily residential identified as approved uses; a complete schedule of permitted and conditional uses is available upon request.
The building is located in the Downtown Sanford Community Redevelopment Area and is less than 2 blocks from Lake Monroe. The listing states the property is not located in a flood zone.
For buyers or operators, this configuration supports a combined hospitality and residential strategy, along with flexible options for retail and office use consistent with SC-3 approvals. Given the active planning process for the upper apartments and the stated mix of allowed uses, the property may be a fit for parties looking to develop or operate a small, downtown-oriented mixed-use asset. Please contact us for the permitted and conditional use schedule to confirm specific plans.
The building is located in the Downtown Sanford Community Redevelopment Area and is less than 2 blocks from Lake Monroe. The listing states the property is not located in a flood zone.
For buyers or operators, this configuration supports a combined hospitality and residential strategy, along with flexible options for retail and office use consistent with SC-3 approvals. Given the active planning process for the upper apartments and the stated mix of allowed uses, the property may be a fit for parties looking to develop or operate a small, downtown-oriented mixed-use asset. Please contact us for the permitted and conditional use schedule to confirm specific plans.
Key Highlights
- Prime location in Downtown Sanford Community Redevelopment Area, less than 2 blocks from Lake Monroe.
- Zoned SC‑3, allowing for retail, restaurant, office, and multifamily residential uses.
- Seller plans to construct 3 apartments upstairs and a bar/restaurant in the lower level.
Local Financial Insights For Apartment 5plus
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 | $144.0k | $23.88 |
| − Vacancy | −$9.4k | −$1.55 |
| EGI | $134.7k | $22.33 |
| − OpEx | −$60.6k | −$10.05 |
| NOI | $74.1k | $12.28 |
6,032 SF · lease $23.88/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Retail
$1.69M
$1.48M – $1.97M
NOI $118,449 @ 7.0% cap · market cap 13.16%
Second Best
Specialty Retail
$1.66M
$1.45M – $1.94M
NOI $116,333 @ 7.0% cap · market cap 12.93%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,157 @ 7.0% cap · market cap 13.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
TDH Construction Inc.
Construction Company
PICO Building
Corporate Office
Similar For Sale Nearby
Similar Off Market Nearby
- Airport bolling lanes — Sanford, FL 32771
- Paloma Hookah Lounge & Club — 214 S Oak Ave, Sanford, FL 32771
- Sanford Bar — 393 E 4th St, Sanford, FL 32771
- Murphy's Arcade at Throwbacks — 418 Sanford Ave, Sanford, FL 32771
- George's Tavern — 1011 S French Ave, Sanford, FL 32771
FAQs
What type of property is this?
Bar & Pub - Downtown Sanford mixed-use building offers space for retail, restaurant, office, and multifamily uses under SC-3 zoning.
Where is this bar & pub located?
The property is located at 209 N OAK AVENUE Sanford, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Prime location in Downtown Sanford Community Redevelopment Area, less than 2 blocks from Lake Monroe.; Zoned SC‑3, allowing for retail, restaurant, office, and multifamily residential uses.; Seller plans to construct 3 apartments upstairs and a bar/restaurant in the lower level.
