Profitable Sanford Food Hall w/Property

Henry's Depot is a fully stabilized, nine-tenant food hall with an established affiliated bar venue in the heart of historic downtown Sanford, Florida. Located within Sanford's actively redeveloping commercial district, the property combines durable rental income, percentage-rent participation in tenant sales growth, and a turnkey hospitality operation under common ownership.

Henry's Depot is a curated food hall and bar venue located within Sanford's historic downtown district. The Property has been adaptively reused into a multi-tenant food and beverage destination featuring quick-service restaurants, full-service dining concepts, and a dedicated cocktail and music bar. Tenants share common-area seating, restrooms, and outdoor space, creating a community gathering atmosphere typical of successful food hall formats nationally.

Henry's Depot occupies one of downtown Sanford's most strategically positioned commercial buildings, anchoring the historic First Street corridor that has emerged as Central Florida's most actively redeveloping secondary downtown over the past decade. The asset benefits from sustained foot traffic, complementary independent operators, and walkable access from downtown Sanford's residential core, with Lake Monroe waterfront recreation and event programming driving consistent dayparts of activity from morning coffee through late-evening cocktails.

Henry's Depot maintains a curated tenant mix of nine food hall suites and one affiliated bar concept (The Basin).The current tenant base reflects active management of the food hall mix, with newer operators introduced in 2024-2025 to strengthen the long-term percentage-rent trajectory. All nine suites are currently occupied with active tenants on written leases.

Downtown Sanford features a clustered concentration of independent and regional F&B operators that drive co-traffic for Henry's Depot. The food hall format itself remains relatively rare in the submarket, providing differentiation and reducing direct competitive pressure.

Offered at $3,725,000, the transaction includes two distinct value layers in a single offering: the 8,700 RSF real estate (212 First Street LLC) and on-going verifiable rental income from 10 separate tenants supported by a three-year operating history that demonstrates consistent occupancy and disciplined property management.

The 100% membership interests in The Basin Sanford LLC (the on-site cocktail and live-music venue), and a transferable Florida 4COP quota liquor license are available to purchase separately. Contact broker. NDA execution required for detailed financial reporting.