Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store Food Market
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Grocery & Convenience Store
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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