111 Magnolia Avenue, Sanford, FL 32771

$1,200,000
5,560
SqFt
Sold Price
$1,200,000
List Price
$1,200,000
Status
Sold
Days on Market
310
Closing Date
Jun 05, 2023
MLS#
O6034841
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, City Limits, Sidewalk, Special Taxing District, Street Lights
Community Features
No Deed Restriction
Zoning
SC3
Air Conditioning
Central Air
Exterior Construction
Brick
Roof
Membrane
Foundation
Stem Wall
Pool
No Pool
Garage Features
Parking Spaces - 1 to 5, 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

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of ST JOHNS REALTY COMPANY. Selling Office: EXP REALTY LLC.

StellarMLS is the source of this information via Internet Data Exchange Program. 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 consumer 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. Data last updated on