116 N Park Ave - Office FOR SALE


Sanford, FL 32771- Downtown Sanford
$2,235,000 USD
407-813-1984
116 N Park Ave, Sanford, FL for Sale
$2,235,000 USD
Office - FOR SALE
1/45
null | Request Cap Rate

116 N Park Ave
Sanford, FL 32771
Downtown Sanford


HIGHLIGHTS

  • Prime Downtown Sanford Location - Situated on S Park Avenue in the heart of the Historic District’s entertainment block
  • ±5,670 SF | 0.07 AC | Two Stories - Ground-floor bar and entertainment venue with second-floor office and wellness tenants
  • Brick Construction (1901 Build) - Classic architecture blending historic craftsmanship with modern performance
  • ADA Compliant First Floor - Ramp connection to adjacent 120 S Park Ave (Fuel Bar-B-Q) for internal accessibility
  • Street Parking Available - Convenient access for patrons and staff
  • High-Visibility Entertainment Corridor - Steps from Hollerbach’s, Henry’s Depot, Tuffy’s, and Sanford Riverwalk

OVERVIEW

Situated along the energetic S Park Avenue corridor, 116 S Park Avenue is a two-story ±5,670 SF mixed-use property that blends rich architectural character with a steady stream of cultural and entertainment activity. Originally constructed in 1901 and fully renovated in 2020, the building showcases classic brick construction, a restored façade featuring a mural, and extensive capital improvements including new HVAC, roof, and structural enhancements. The first floor serves as the vibrant home of The Alley, the region’s longest-standing blues bar and live-music venue. The combined retail suites have been opened into a single dynamic entertainment space complete with bar service, billiards, stage area, and ample patron seating, drawing consistent evening and weekend traffic from locals and visitors alike. Upstairs, the second floor features refinished wood floors, crown molding, and exposed truss beams, currently occupied by a massage practice, Pilates studio, and owner-operated office—offering diversification of income and user type. With SC-3 zoning, ADA-accessible ground-floor access, and street parking, this property delivers a compelling opportunity for an investor or owner-user seeking a well-performing, character-rich asset in the heart of one of Central Florida’s most visited downtown districts.

FOR SALE DETAILS

PRICE

$2,235,000 USD

PRICE/SF

$679 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Rhythm Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1901

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

SC3

APN/PARCEL ID

25-19-30-5AG-0304-009A

ASK ABOUT THIS PROPERTY

Rafael Mendez CCIMSaunders CommercialMore Info
407-813-1984

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Rafael Mendez CCIMSaunders CommercialMore Info
407-813-1984

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.