They Rhythm Building

114-118 S Park Avenue: Iconic Downtown Sanford Entertainment & Retail Investment for Sale

Situated on the premier block of S Park Avenue in the heart of Downtown Sanford's Historic District, 114-118 S Park Avenue represents a landmark commercial real estate investment. Anchored by the famous "The Alley Blues Bar," this 100% leased, two-story brick building pairs turn-of-the-century period architecture with extensive capital improvements, offering immediate cash flow and long-term value in a high-foot-traffic corridor.

Key Investment Highlights

• Prime Historic District Location: Located directly on S Park Avenue within Sanford’s central entertainment and dining hub, ensuring strong foot traffic and consistent local visibility.

• Anchored by Legendary Tenant: Home to The Alley Blues Bar—a long-standing cultural staple and popular live music venue that drives steady regional visitor traffic.

• Comprehensive 2020 Renovation: Capital upgrades include a complete roof replacement, updated HVAC systems, structural enhancements, beautifully restored original wood flooring, and a fully restored mural façade.

• Diversified Multi-Tenant Income Stream: Ground-floor bar/entertainment concept complemented by an active mix of second-floor wellness and professional tenants, including massage, Pilates, and office uses.

• Historic Brick Architecture (1901 Build): Timeless 2-story brick building offering 54 feet of direct frontage on Park Avenue, complete with upper-level balcony space and classic architectural details.

Executive Summary & Property Overview

Constructed in 1901, 114-118 S Park Avenue stands as an irreplaceable piece of Sanford’s historic streetscape. The 2020 revitalization modernised core building systems while preserving its authentic brickwork, warm wood finishes, and artistic façade.

With multiple tenants operating under stable leases, the property generates diversified revenue across hospitality, health/wellness, and professional service sectors. Whether pursued as a passive income-generating investment or a long-term strategic commercial acquisition, this property delivers robust fundamentals in one of Central Florida's fastest-growing historic downtowns.

Property Specifications

• Property Address: 114-118 S Park Avenue, Sanford, FL 32771

• Offering Price: $2,235,000 ($465.63 / SF)

• Sale Type: Investment or Owner-User Opportunity

• Property Type: Storefront Retail / Office (Commercial)

• Building Size: 4,800 SF (Gross usable area ±7,320 SF across 2 Stories)

• Lot Size: 0.12 Acres (Building FAR: 0.91)

• Street Frontage: 54 Feet on S Park Avenue

• Occupancy: 100% Leased (Multiple Tenancy)

• Zoning: SC3 (Sanford Commercial Core District)

• Year Built / Renovated: 1901 / 2020

• Parking & Amenities: 5 Dedicated Spaces, Upper-Level Balcony, Restored Mural Façade