223 W 3rd St, Sanford, FL 32771 | Closed

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Off-Market Call for Pricing

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  • (0)
  • Units
  • 3,760 Sq Ft
  • 52,272 Sq Ft
  • Unknown Cap Rate
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Description

BIG PRICE REDUCTION! Rare large commercial redevelopment site opportunity in red-hot downtown historic Sanford. Approximately 1.2 acres on 5 parcels on main thoroughfare through downtown, site has frontage and access from 3rd & 4th Streets. SC-3 Special Commercial zoning allows many commercial uses and can allow 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. 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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $925,000
Property Type Flex Space
Usable Sqft 3,760
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1959
Last Sold June 10, 2025
Sold Price 800,000
APN # 2519305AG05050060
MLS # O6253787
Property ID 321003528
Lot Sqft 52,272
Zoning SC3
Date Updated June 11, 2025
Date Created October 29, 2024

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Mike Palombi an agent of . Lic #3235678


© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of June 11, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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