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111 Magnolia Avenue, SANFORD

$1,200,000

0 Beds
0 Baths
5,560 Sqft
.11 Acres
0 Garages

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.

Essential Information
MLS® #O6034841
Price$1,200,000
Sold Price$1,200,000
Bathrooms0.00
Square Footage5,560
Acres0.11
Year Built1910
TypeCommercial Sale
Sub-TypeMixed Use
StatusSold
Taxes$5,962
Sold Date2023-06-05
Community Information
Address111 Magnolia Avenue
AreaSanford/Lake Forest
SubdivisionSANFORD TOWN OF
CitySANFORD
CountySeminole
StateFL
Zip Code32771
Parking

Parking Spaces - 1 to 5, Curb Parking

Interior
CoolingCentral Air
# of Stories2
Exterior
RoofMembrane
FoundationStem Wall
Lot Description

Central Business District, Historic District, City Limits, Sidewalk, Special Taxing District, Street Lights

Other Information
Date ListedJune 20th, 2022
Days on Market636
ZoningSC3
Listing Details
OfficeST JOHNS REALTY COMPANY
Property History
Price Reduced from $1,300,000 to $1,200,000
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on April 28th, 2024 at 1:19am EDT.