111 Magnolia Ave., Sanford, FL 32771 - O6034841 - iPro Real Estate

For Sale

$1,300,000 $233.81 per sqft

Free Professional CMA

Listing ID : O6034841

  • Structure / Lot Size

    5,560 Sqft / 4,791 Sqft
  • Year

    1910

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.

Details

Type: Commercial Sale 
Subdivision: Sanford Town Of 
MLS Area: 32771 - Sanford/Lake Forest 
County: Seminole 
Tax ID: 25-19-30-5AG-0302-0110
Annual Taxes: $5,962
Building Size: 6,253 SqFt 
Days on Market: 472 
Cooling: Central Air 
Foundation: Stem Wall 
Number of Buildings: 1 
Property Type: Commercial Sale Sale 
Roof: Membrane 
Sub Type: Mixed Use 
Zoning: SC3 

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Interactive

28.811201 -81.266685 $1,300,000 O6034841
111 Magnolia Ave., Sanford, FL 32771
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Area Information 32771

Population:

58,965 Up .14% since 2010
Average Income:
$106,294
Average Age:
37Years
Gender:
49.56%Male
50.44%Female
Households:
23,12937.3% with children
Average Value:
$434,670
Occupancy:
60.15%Owned
39.85%Rented
8.24%Vacant
Education:
22.89%High School
13%Associate
22.63%Bachelor
12.08%Graduate
Average Residency:
21Years
Crime Rate:
Average
Annual Rainfall:
52.44Inches
Earthquake Risk:
Very Low
Hail Risk:
Below Average
Hurricane Risk:
Very High
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very High
Wind Risk:
Below Average

History

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Listed by Bart Peterson, III with ST JOHNS REALTY COMPANY