Unique Investment Opportunity: Wine + Tapas Bar + Event Center in Historic Downtown Sanford. Prime location on Sanford Ave in front of the new Foxtail Coffee inside of a 100 year old historic building with exposed original brick plus the block where most of the major events occur. Independent Barcelona-Style’ tapas bar with side entrance and prep kitchen. Incredible custom woodwork and unique hand paint work throughout the space. The recently built-out space was designed to be a cozy and vibrant European-style wine bar and event center offering a curated mix of old and new world wine, craft beer, sangria, and Spanish + Italian tapas. Space has plenty of room for food + wine classes, small group events, bridal parties and for those special occasions. HIGHLIGHTS: Turnkey and Currently Unbranded Concept. Current 2COP License (beer and wine) City of Sanford Certificate of Occupancy, DBPR approved, Multiple free parking lots surrounding location, New food + bar concepts have recently opened and are opening soon within two blocks, Built out prep kitchen including grease trap installed and approved. Great terms on lease in beautiful 100-yr old historic building Over 1600 sq ft with add’l space for greeting/waiting area Outdoor cafe seating available, 18 foot vaulted ceilings, kitchen appliances included, (2) TWO Second floor flex spaces (office, storage, private events, extra seating, etc). Incredible lease terms $2,700/mo, 10 year term, 4% increase.
MLS# | O6235106 |
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Listing Type | For Sale |
Style | Hospitality |
Building Name | Vela Wine Bar and Tapas |
Sub-Type | For-sale |
Status | Active |
Year | 1926 |
Days On Site | 44 |
Listing Provided By | KROLL REALTY GROUP | Chris Cranias |
SQ Feet | 1,600 |
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Story(s) | 2 |
State | FL |
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County | Seminole |
City | SANFORD |
Zip Code | 32771 |
Area | 32771 Sanford | Lake Forest |
Listing VS Median (in 32771) | |
Price: $79,000 low | high Med: $380,390 SqFt: 1,600 low | high Med: 1,699 $ / SqFt: $49 low | high Med: $224 On Site: 44 low | high Med: 169.000000 |