121 E 1st Street Unit 101, Sanford, FL 32771

$1,500,000
7,987
SqFt

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List Price
$1,500,000
Status
Active
Days on Market
272
Price Change
▼ $500,000 1780942160
MLS#
O6355722
Property Style
Mixed Use
Year Built
1920
Living Area
7,987
Lot Size
4,154
Acres
0.10
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Sanford Town Of
MLS Area Major
Sanford/Lake Forest

Property Description

PRICED BELOW APPRAISAL! Don’t miss this rare opportunity to own a remodeled historic commercial building in the most desirable location in Downtown Sanford’s vibrant First Street business district. Perfectly positioned between 1st Street and Magnolia to be among the city’s bustling shops, restaurants, and entertainment venues, this property offers unmatched visibility and endless potential for investors or owner-users alike. Meticulously updated from top to bottom, the building combines modern functionality with timeless character and craftsmanship. The first floor features an expansive open-concept layout ideal for mixed-use applications such as retail, restaurant, office, or event space. With its original exposed brick walls, soaring open-air ceilings, three bathrooms, and a convenient kitchenette, this level provides an inviting, flexible space ready to adapt to any business vision. The second floor, with its impressive two-story ceilings, offers a thoughtfully designed professional setting featuring eight private offices, a break room, and a restroom. Front-facing windows have been soundproofed, maintaining a peaceful work environment even when downtown is lively below. Recent upgrades include fresh interior paint, new LVP flooring on the first floor, new carpet on the second floor, a new A/C system installed in 2023. Every detail has been attended to, ensuring this historic property is as functional as it is beautiful. Blending classic architectural charm with contemporary updates, this building is an ideal investment opportunity as it is located in Central Florida’s most walkable and rapidly growing downtown corridors. Building is Zoned SC3 which has a lot of potential use.

Additional Information

Taxes Annual
$14367
Community Features
No Deed Restriction
Zoning
SC3
Floor
Ceramic Tile, Luxury Vinyl
Utilities
Public
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Brick, Stucco
Foundation
Slab
Pool
No Pool
Flood Zone Code
x
Parcel ID
25-19-30-5AG-0303-0010
Legal Description
LOT 1 (LESS S 37.65 FT) & E 2.97 FT OF LOT 2 (LESS S 37.65 FT) BLK 3 TR 3 TOWN OF SANFORD PB 1 PG 58

Listing courtesy of KROLL REALTY GROUP. 407-339-6930

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