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111 MAGNOLIA AVENUE

Commercial Recently Sold
$1,200,000

BTC: 19.41747573

ETH: 687.28522337

Sold on: 2023-06-05
310 days
0 room(s)
5,560 sqft

Overview

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

Details

Type:
Commercial Sale
Parking:
1 to 5 Spaces / Curb Parking
Year Built:
1910
Lot:
0.11 Acres
Heating:
No Data
Price/sqft:
$216
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$5,962
2020
All facts and features
  • Cooling

    • Central Air

  • Parking

    • 1 to 5 Spaces

    • Curb Parking

    Property

    • Levels: Two

    Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 2519305AG03020110

    • Zoning: SC3

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Other financial information

    • Annual tax amount: $5,962

  • Source details

    • MLS ID: O6034841

    Other facts

    • Construction Materials: Brick

    • Foundation Details: Stem Wall

    • Lot Features: Central Business District / Historic District / City Lot / Sidewalk / Special Taxing District / Street Lights

    • Living Area: 5560

    • Subdivision Name: SANFORD TOWN OF

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ST JOHNS REALTY COMPANY