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Multi Family - SANFORD TOWN OF for Sale

223 W 3RD, SANFORD, FL 32771

Asking Price$925,000 Change Price$74,900

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  • Days on market:

    71 day(s)
  • Original Price:

    $999,900
  • Price per sqft:

    $246.01
  • Tax Legal Description:

    LOTS 6 7 & 8 & THAT PART OF MYRTLE STREET N OF 4TH ST & S OF RY BLK 5 TR 5 TOWN OF SANFORD PB 1 PG 58
  • Tax Year:

    2023
  • Property Type:

    Multi Family
  • Construction Type:

    Wood SidingBrick Metal Siding
  • Cooling Description:

    Central Air
  • Special Listing Conditions:

    None

Description

$925,000 • living size area 3760 sqft

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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