111 Magnolia Avenue, Sanford, FL 32771

$1,300,000
5,560
SqFt
List Price
$1,300,000
Status
Active
Days on Market
4
MLS#
O5959910
Property Style
Mixed Use
Year Built
1910
Living Area
5,560
Lot Size
4,680
Acres
0.11
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Sanford Town Of
MLS Area Major
Sanford/Lake Forest

Property Description

Historic two story brick office/retail building on Magnolia Square, the hub of activity in downtown Sanford. Magnolia Square is known for October fest, the monthly Alive After Five events, and the weekly Farmer's Market. Walk to the newly revitalized Sanford Riverwalk District. The entire building has been remodeled, most recently the downstairs in 2007. There is also a new roof as of February 2021. The downstairs is currently divided into two retail units, but can easily be converted into one larger unit for a restaurant or bar. The SC-3 zoning allows many uses such as retail, office, restaurant, residential, and professional services. There are five (5), rare in the City of Sanford, on site parking spaces, along with street, and public parking nearby. A rare opportunity to own a part of Historic Downtown Sanford.

Additional Information

Taxes Annual
$5962
Location
Central Business District, Historic District, In City Limits, Sidewalk, Special Taxing District, Street Lights
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
SC3
Air Conditioning
Central Air
Exterior Construction
Brick
Roof
Membrane
Foundation
Stem Wall
Pool
No Pool
Garage Features
1 to 5 Spaces, Curb Parking
Flood Zone Code
X
Parcel ID
25-19-30-5AG-0302-0110
Legal Description
LOT 11 BLK 3 TR 2 TOWN OF SANFORD PB 1 PG 58

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of ST JOHNS REALTY COMPANY.

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