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The Rhythm Building 116 N Park Ave 7,320 SF 100% Leased Office Building Sanford, FL 32771 $2,235,000 ($305.33/SF)
INVESTMENT HIGHLIGHTS
- Prime Downtown Sanford Location - Situated on S Park Avenue in the heart of the Historic District’s entertainment block
- Brick Construction (1901 Build) - Classic architecture blending historic craftsmanship with modern performance
- Street Parking Available - Convenient access for patrons and staff
- ±5,670 SF | 0.07 AC | Two Stories - Ground-floor bar and entertainment venue with second-floor office and wellness tenants
- ADA Compliant First Floor - Ramp connection to adjacent 120 S Park Ave (Fuel Bar-B-Q) for internal accessibility
- High-Visibility Entertainment Corridor - Steps from Hollerbach’s, Henry’s Depot, Tuffy’s, and Sanford Riverwalk
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,320 SF
Building Class
C
Year Built/Renovated
1901/1955
Price
$2,235,000
Price Per SF
$305.33
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,660 SF
Building FAR
1.20
Lot Size
0.14 AC
Zoning
SC3 - Commercial - 3
Parking
2 Spaces (0.27 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | 25-19-30-5AG-0304-009A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $465,823 |
PROPERTY TAXES
Parcel Number
25-19-30-5AG-0304-009A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$465,823
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The Rhythm Building | 116 N Park Ave
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