509 7th St Sanford, FL 32771-2637
This exceptional mixed-use property at 509 E 7th Street, Sanford, FL, offers a unique investment opportunity. Spanning 3,586 square feet on a 0.19-acre lot, this established business boasts a prime downtown location within a thriving community. Operating for over 50 years, the property features a well-equipped layout including a walk-in cooler, ample storage, and flexible space suitable for office or expanded food preparation. Recent upgrades include a new AC system, updated electric breakers, an ANSUL fire suppression system, and a new gas line, ensuring both safety and efficiency. All essential appliances are included in the sale, encompassing multiple refrigerators, display units, a stove, and three natural gas fryers with a galvanized hood. The current business model offers a diverse range of products and services, including pantry staples, household goods, prepared chilled foods, and made-to-order takeout meals. A significant advantage is the inclusion of a lottery license and a beer and wine (to-go) license, presenting substantial potential for future growth and expansion. This is a chance to acquire a piece of Sanford's history while contributing to its vibrant future. The asking price is $599,950.
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Wade's Grocery Grocery & Convenience Store Food Market
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Mamas Kitchen at Your Market Sanford Grocery & Convenience Store
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Mama's Kitchen Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.