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    OFF-MARKET
    Warehouses

    300 2nd St, Sanford, FL 32771-1312

    1,225 SF 0.18 ac lot Built 1948
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US18-9347343
    Property summary
    AI-generated overview

    This exceptional opportunity presents a 1,225 sq ft, second-generation restaurant space in historic downtown Sanford, ideally located on the corner of E 2nd Street and S Palmetto. The property boasts a spacious 3,500 sq ft fenced patio, perfect for outdoor dining or events, and comes equipped for immediate operation. Previously a pizza restaurant, the space is adaptable to various restaurant concepts. The building features a 2,500-gallon grease trap, ensuring compliance with health regulations, and benefits from 3-phase power to support high-energy kitchen equipment. A 10-ton AC unit provides ample cooling for both indoor and outdoor areas, complemented by a filtered water system for optimal beverage service. Outdoor amenities include patio furniture, pergolas, and fire tables, creating an inviting atmosphere. Two mechanical garage doors offer convenient access and ventilation. The property sits on 0.18 acres and is zoned SC3 in Seminole County. The location is eligible for a 4COP liquor license, adding significant value for prospective bar and restaurant owners. This turnkey solution offers a rare combination of prime location, extensive outdoor space, and essential restaurant infrastructure, making it an attractive investment opportunity.

    Property profile
    Verified
    Property type Warehouses
    Use group MINI-WAREHOUSE, STORAGE
    Year built 1948
    Construction CONCRETE BLOCKS
    Total area 1,225 SF
    Lot 0.18 ac (7,967 SF)
    APN 25-19-30-5AG-0301-0090
    UPID US18-9347343
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • La Dolce Vita Social Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Vison Assets LLC · 3 yrs held
    Vison Assets LLC
    since 2023
    Last sale
    $390,000
    7 recorded transactions
    2023
    2021
    $390,000
    2014
    $125,000
    2012
    $27,000
    2008
    2008
    $225,000
    2008
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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