Restaurant Property with
3640 SANFORD AVENUE Sanford, FL 32773
3640 SANFORD AVENUE, Sanford, FL, 32773
$725,000
For Sale
$725,000
Restaurant/bar setup with commercial kitchen, walk-in cooler, and indoor and patio seating on Sanford Avenue near major road access.
Property Size2,214 SF
Price / SF$327.46
Days on Market23
Property Features for 3640 SANFORD AVENUE
General Information
- Standard status
- Active
- Size
- 2,214 SF
- Property subtype
- Restaurant
Building Details
- Year Built
- 1970
Listing agency
LPT REALTY, LLC
(877) 366-2213
Listed by
Nicole Surillo · License #3632363
Source
Dennisrealty
Added: Jun 30 Updated: Jul 22 at 5:28AM Checked: Jul 22 at 5:28AM
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 LPT REALTY, LLC
Investment Insights
Based on property information with market context.
This offering includes the real estate, business, and existing equipment, designed for flexible use as a restaurant, bar, entertainment venue, or a combination concept. The property features a commercial kitchen with a hood system, a walk-in cooler, and two generously sized restrooms. Seating is available both indoors and outdoors, including a spacious patio suited to live music and open-air dining, along with on-site parking for guests and staff.
Located at 3640 Sanford Avenue in Sanford, the property provides convenient access to SR 417, US 17-92, Ronald Reagan Boulevard, and Lake Mary Boulevard, and is described as less than five minutes from Orlando Sanford International Airport. The remarks also indicate it is just minutes from Downtown Sanford and Lake Mary.
An oversized lot adds additional space to the rear, with the opportunity for future expansion, including the potential to construct another building subject to zoning, permitting, and local approvals.
Located at 3640 Sanford Avenue in Sanford, the property provides convenient access to SR 417, US 17-92, Ronald Reagan Boulevard, and Lake Mary Boulevard, and is described as less than five minutes from Orlando Sanford International Airport. The remarks also indicate it is just minutes from Downtown Sanford and Lake Mary.
An oversized lot adds additional space to the rear, with the opportunity for future expansion, including the potential to construct another building subject to zoning, permitting, and local approvals.
Key Highlights
- Commercial property built in 1970 on busy Sanford Avenue with convenient access to SR 417, US 17‑92, Ronald Reagan Boulevard, and Lake Mary Boulevard
- Restaurant/bar setup with commercial kitchen, hood system, and walk‑in cooler
- Indoor and outdoor seating with indoor seating plus a spacious patio for events and open‑air dining
Local 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 | $60.3k | $27.24 |
| − Vacancy | −$3.4k | −$1.53 |
| EGI | $56.9k | $25.71 |
| − OpEx | −$14.2k | −$6.43 |
| NOI | $42.7k | $19.29 |
2,214 SF · lease $27.24/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$610.0K
$533.7K – $711.7K
NOI $42,699 @ 7.0% cap · market cap 5.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$630.0K
$551.3K – $735.1K
NOI $44,103 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Los Campos De ...
Bar & Pub
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Restaurant/bar setup with commercial kitchen, walk-in cooler, and indoor and patio seating on Sanford Avenue near major road access.
Where is this conventional restaurant located?
The property is located at 3640 SANFORD AVENUE Sanford, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Commercial property built in 1970 on busy Sanford Avenue with convenient access to SR 417, US 17‑92, Ronald Reagan Boulevard, and Lake Mary Boulevard; Restaurant/bar setup with commercial kitchen, hood system, and walk‑in cooler; Indoor and outdoor seating with indoor seating plus a spacious patio for events and open‑air dining
