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$1,300,000
111 Magnolia Ave, Sanford, FL 32771
0 Beds
0 Baths
5,560 SqFt

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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.
  • Price:
  • $1,300,000
  • Square Footage:
  • 5,560
  • Acreage:
  • 0.11
  • Year Built:
  • 1910
  • Listing ID #:
  • MFRO6034841
  • Street Address:
  • 111 Magnolia Ave
  • City:
  • Sanford
  • State:
  • Florida
  • Postal Code:
  • 32771
  • County:
  • Seminole
  • Community:
  • Sanford/Lake Forest
  • Subdivision:
  • Sanford Town Of
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Approximate Total Liveable Area:
  • 5560
  • Construction Type:
  • Brick
  • Features:
  • Extra Storage
  • Foundation:
  • Stem Wall
  • Stories:
  • 2
  • Stories:
  • Two
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 6253
  • Type Of Roof:
  • Membrane
  • Year Built:
  • 1910
  • Conforms To Zoning:
  • Sc3
  • Federal Flood Zone:
  • X
  • Lot Features:
  • Central Business District, Historic District, City Limits, Sidewalk, Special Taxing District, Street Lights
  • Lot Square Footage:
  • 4680
  • Road Frontage Type:
  • Business District, City Street
  • Road Type:
  • Brick
  • Days On Market:
  • 99
  • On Market Date:
  • 2022-06-20
  • Originating Mls:
  • Mfrmls
  • Terms:
  • Cash, Conventional
  • Ownership:
  • Partnership
  • Property Taxes:
  • $5,962
  • Tax Year:
  • 2020
  • Parking Description:
  • Parking Spaces - 1 To 5, Curb Parking
  • Cooling System:
  • Central Air
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Bart Peterson, III with ST JOHNS REALTY COMPANY
  • © 2022 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.
    The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
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