$1,200,000
$1,200,000
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111 MAGNOLIA AVE Sanford, FL 32771
5,560 SqFt
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,560 sqft
Price per Sqft $215
Subdivision Sanford Town Of
MLS Listing ID O6034841
Sold Date 06/05/23
HOA Y/N No
Originating Board Stellar MLS
Year Built 1910
Annual Tax Amount $5,962
Lot Size 4,791 Sqft
Acres 0.11
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.
Location
State FL
County Seminole
Community Sanford Town Of
Zoning SC3
Interior
Cooling Central Air
Exterior
Parking Features Parking Spaces - 1 to 5, Curb Parking
Roof Type Membrane
Building
Lot Description Central Business District, Historic District, City Limits, Sidewalk, Special Taxing District, Street Lights
Story 2
Entry Level Two
Foundation Stem Wall
Lot Size Range 0 to less than 1/4
Structure Type Brick
New Construction false
Others
Ownership Partnership
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with EXP REALTY LLC