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Asset Sale and/or Real Estate 2521 French Ave 610 SF Vacant Retail Building Sanford, FL 32773 $1,116,736 CAD ($1,830.71 CAD/SF) 12.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Multiple Options Available: Real Estate + Business OR Real Estate only OR Business only (Relocate).
- French Ave Frontage in the heart of SANFORD, FL
- 750-Gallon Grease trap
- 610 SF Stand-Alone Building
- SELLER FINANCING AVAILABLE
- NOI $100,000.00
EXECUTIVE SUMMARY
Commercial Real Estate Professionals, Inc and Mark Allen are pleased to present this Ice Cream Shop/Italian Ice business for Sale! Established for over 20 years, this recently renovated 610 sq ft ice cream shop offers exceptional visibility and curb appeal with excellent frontage on a high-traffic street. Featuring a convenient drive-thru, the location is designed for efficiency and customer convenience. The updated interior and exterior reflect pride of ownership and modern functionality, making it an ideal turnkey opportunity for a new owner-operator or investor. Long-standing presence in the community with strong local customer base. Located next door to Walgreens, and surrounded by both residential and commercial neighbors! Real Estate can be sold with or without the business. This site won't last, Call Today!
The Business has been open for approx. 20 years, and has 1 manager and 4 PT employees who work between 10 and 30 hours per week.
Estimated $400,000 Gross Revenue with an NOI of Approx. $100,000.00/Yr.
Sale includes: Turn-Key Business, Equipment, and Real Estate. The building has a 750-gallon grease trap, and comes with the patio furniture.
Multiple Options Available: Real Estate +Business purchase OR Real Estate only OR Business only (Relocate).
SELLER FINANCING AVAILABLE
The Business has been open for approx. 20 years, and has 1 manager and 4 PT employees who work between 10 and 30 hours per week.
Estimated $400,000 Gross Revenue with an NOI of Approx. $100,000.00/Yr.
Sale includes: Turn-Key Business, Equipment, and Real Estate. The building has a 750-gallon grease trap, and comes with the patio furniture.
Multiple Options Available: Real Estate +Business purchase OR Real Estate only OR Business only (Relocate).
SELLER FINANCING AVAILABLE
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
610 SF
Building Class
B
Year Built
2006
Price
$1,116,736 CAD
Price Per SF
$1,830.71 CAD
Cap Rate
12.50%
NOI
$139,592 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
0.16 AC
Zoning
GC2
Frontage
47’ on Us-17-92 Hwy
AMENITIES
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Sal's Italian Ice
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Sal's Italian Ice | Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-20-30-504-0800-0150 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $439,181 CAD |
PROPERTY TAXES
Parcel Number
01-20-30-504-0800-0150
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$439,181 CAD
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Asset Sale and/or Real Estate | 2521 French Ave
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