2475 Park AveSanford, FL 32771

This exceptional value-add retail investment opportunity presents a 14,616 square foot multi-tenant storefront located at 2475 S Park Ave, Sanford, FL 32771. The property, situated on a 0.82-acre lot, boasts 7 individual units and ample parking with 50 spaces. Built in 1954 and extensively renovated in 2018, the single-story building is zoned for retail use and offers a strong pro-forma NOI of $163,000, translating to a 6.50% cap rate. The asking price is $2,300,000, representing a price per square foot of $158. This property presents a compelling opportunity for investors seeking a stable, high-performing retail asset in a growing market. The property's strong tenant base and recent renovations ensure a steady income stream, while the value-add potential allows for further upside. The convenient location in Seminole County, Florida, provides excellent access to major transportation routes and a vibrant local community. This is an ideal investment for those seeking a proven performer with significant future growth potential. The property features a total of 14,616 square feet of retail space, spread across seven units, making it an attractive option for a diverse range of tenants.