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223 W 3rd St - Redevelopment site in historic Sanford!
1.2 Acres of Commercial Land Offered at $999,900 in Sanford, FL 32771
Investment Highlights
- Rare large commercial redevelopment site opportunity in red-hot downtown historic Sanford.
- SC-3 Special Commercial zoning allows many commercial uses and can allow multi-family.
- Includes 3,760 sq ft historic warehouse built around 1910 with almost 2,000 ft covered porch – perfect for conversion to a microbrewery.
- Approximately 1.2 acres on 5 parcels on main thoroughfare through downtown, site has frontage and access from 3rd & 4th Streets.
- Future Land Use is WDBD, Waterfront Downtown Business District, which allows for minimum set-backs, lower parking requirements, and up to 50 units/ac
- Massive commercial and residential growth in the area. New restaurants & microbreweries are opening up the west end of historic downtown Sanford.
Executive Summary
The property includes 3,760 sq ft historic warehouse built around 1910 with almost 2,000 ft covered porch – perfect for conversion to a microbrewery. Massive commercial and residential growth in the area. New restaurants & microbreweries are opening up the west end of historic downtown Sanford. Some of the buildings along 3rd St have fire damage.
Please see survey and zoning docs. Tax IDs:25-19-30-5AG-0505-0060, 25-19-30-5AG-0505-009B, 25-19-30-5AG-0505-0090, 25-19-30-5AG-0506-0040,25-19-30-5AG-0506-000A
Property Facts
| Price | $999,900 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.20 AC |
| Price | $999,900 |
| Sale Type | Investment or Owner User |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.20 AC |
1 Lot Available
Lot
| Price | $999,900 | Lot Size | 1.20 AC |
| Price Per AC | $833,250 |
| Price | $999,900 |
| Price Per AC | $833,250 |
| Lot Size | 1.20 AC |
Approximately 1.2 acres on 5 parcels on main thoroughfare through downtown, site has frontage and access from 3rd & 4th Streets. Zoned SC-3 Special Commercial.
Description
The property is approximately 1.2 acres on 5 parcels on main thoroughfare through downtown, site has frontage and access from 3rd & 4th Streets. The SC-3 Special Commercial zoning allows many commercial uses, including multi-family. Future Land Use is WDBD, Waterfront Downtown Business District, which allows for minimum set-backs, lower parking requirements, and up to 50 units/acre.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $66,896 | |
| Land Assessment | $281,519 | Total Assessment | $402,432 |
PROPERTY TAXES
zoning
| Zoning Code | SC3 (Special Commercial) |
| SC3 (Special Commercial) |
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223 W 3rd St - Redevelopment site in historic Sanford!
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