Sanford, FL 32771,111 MAGNOLIA AVE
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Sanford, FL 32771,111 MAGNOLIA AVE
Sanford, FL 32771,111 MAGNOLIA AVE
Sanford, FL 32771,111 MAGNOLIA AVE
Sanford, FL 32771,111 MAGNOLIA AVE

$1,200,000

Est. payment /mo

$1,200,000

Est.Price: ?

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111 MAGNOLIA AVE Sanford, FL 32771

5,560 SqFt

SOLD DATE : 06/05/2023

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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Stellar MLS
Listed by ST JOHNS REALTY COMPANY
Bought with EXP REALTY LLC

Kristin Hallamek

Broker Associate | License ID: BK3141669

+1(727) 642-7985

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