The Rhythm Building

116 Park Ave Sanford, FL 32771

116 Park Ave, Sanford, FL, 32771
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$2,235,000
Last Verified:
Nov 22, 2025

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Highlights

  • Prime Downtown Sanford Location - Situated on S Park Avenue in the heart of the Historic District’s entertainment block
  • ±7,320 SF | 0.07 AC | Two Stories - Ground-floor bar and entertainment venue with second-floor office and wellness tenants
  • Fully Renovated in 2020 - New roof, HVAC, structural upgrades, and restored wood flooring and mural façade
  • Brick Construction (1901 Build) - Classic architecture blending historic craftsmanship with modern performance
  • Anchored by The Alley Blues Bar - Long-standing cultural venue drawing consistent local and regional traffic
  • Diversified Income Stream - Second-floor tenants include massage, Pilates, and professional office uses
  • Zoning: SC-3 (Downtown Commercial) - Broad permitted uses including restaurant, retail, and office
  • ADA Compliant First Floor - Ramp connection to adjacent 120 S Park Ave (Fuel Bar-B-Q) for internal accessibility
  • Street Parking Available - Convenient access for patrons and staff
  • High-Visibility Entertainment Corridor - Steps from Hollerbach’s, Henry’s Depot, Tuffy’s, and Sanford Riverwalk

Description

Situated along the energetic S Park Avenue corridor, 116 S Park Avenue is a two-story ±7,320 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.

116 S Park Avenue sits squarely within the most desirable stretch of Historic Downtown Sanford, a district now celebrated for its walkable energy, live-music venues, and culinary destinations. The property’s block—anchored by The Alley and Fuel Bar-B-Q—has become a gathering point for Sanford’s thriving nightlife and entertainment community.

Surrounded by a curated mix of local landmarks such as Hollerbach’s Willow Tree Café, Henry’s Depot, Christo’s, Tuffy’s Bottle Shop, and Ace Café Sanford, the area benefits from constant foot traffic throughout the week and draws large crowds during weekend festivals, art walks, and live events. The district’s proximity to Lake Monroe, the Sanford Riverwalk, and Fort Mellon Park further enhances its visibility and appeal.

Ongoing municipal and private investment continues to strengthen the district’s infrastructure and streetscape, creating a perfect ecosystem for long-term commercial success. 116 S Park Avenue stands at the heart of that ecosystem—where historic authenticity and modern cultural vibrancy merge.


Year Built: 1901
Building Size: 7320sq ft
Building Class: C
Lot Size: 0.07 acres


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Map of 116 Park Ave, Sanford, FL, 32771

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.