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121 E 1st St
For Sale $3,000,000 ($375.61 per Sq Ft)
$3,000,000 ($375.61 per Sq Ft)
- Units
- 7,987 Sq Ft
- 4,154 Sq Ft
- Unknown Cap Rate
Description
Don’t miss this rare opportunity to own a remodeled historic commercial building in the most desirable location in Downtown Sanford’s vibrant First Street business district. Perfectly positioned between 1st Street and Magnolia to be among the city’s bustling shops, restaurants, and entertainment venues, this property offers unmatched visibility and endless potential for investors or owner-users alike.
Meticulously updated from top to bottom, the building combines modern functionality with timeless character and craftsmanship.
The first floor features an expansive open-concept layout ideal for mixed-use applications such as retail, restaurant, office, or event space. With its original exposed brick walls, soaring open-air ceilings, three bathrooms, and a convenient kitchenette, this level provides an inviting, flexible space ready to adapt to any business vision.
The second floor, with its impressive two-story ceilings, offers a thoughtfully designed professional setting featuring eight private offices, a break room, and a restroom. Front-facing windows have been soundproofed, maintaining a peaceful work environment even when downtown is lively below.
Recent upgrades include fresh interior paint, new LVP flooring on the first floor, new carpet on the second floor, a new A/C system installed in 2023. Every detail has been attended to, ensuring this historic property is as functional as it is beautiful.
Blending classic architectural charm with contemporary updates, this building is an ideal investment opportunity as it is located in Central Florida’s most walkable and rapidly growing downtown corridors. Building is Zoned SC3 which has a lot of potential use.
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
Property Details
| List Price | $3,000,000 |
| Property Type | Flex Space |
| Usable Sqft | 7,987 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1920 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2519305AG03030010 |
| MLS # | O6355722 |
| Property ID | 322308358 |
| Lot Sqft | 4,154 |
| Zoning | SC3 |
| Days on Market | 96 |
| Original List Price | $3,000,000 |
| Date Updated | January 22, 2026 |
| Date Created | October 27, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Holly Kroll an agent of . Lic #3282595
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of January 22, 2026 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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Robert Crawford
REAL ESTATE AGENT