Downtown Sanford 1st Street Redevelopment

201 West 1st St Sanford, FL 32771

201 West 1st St, Sanford, FL, 32771
Property Aerial
201 West 1st St, Sanford, FL, 32771
FOR SALE FOR LEASE
Property Type:
Other Land
Amount:
$1,500,000
Last Verified:
Apr 24, 2019

Highlights


Description

This Downtown Sanford brick lined street corner site has been 65 years in the making! Downtown Sanford is undergoing a massive revival with new restaurants, breweries, multifamily housing, two new hotels, large scale mixed use developments and more being announced every day!
This is the 1st time this prime corner has been offered for sale. The .72 Acre site houses a 12.078sf two story office building and a 7,440sf historic brick warehouse. The aggressive Waterfront Downtown Business District zoning allows for a myriad of high intensity multi-story commercial, restaurant and multifamily uses.
Heritage Park now in development is only 3 blocks away and will heavily contribute to the vibrant growing downtown waterfront neighborhood. It will consist of 235 residential units, 35,750 square feet of retail and restaurant uses and 8,550 square feet of office.

This Downtown Sanford brick lined street corner site has been 65 years in the making! Downtown Sanford is undergoing a massive revival with new restaurants, breweries, multifamily housing, two new hotels, large scale mixed use developments and more being announced every day!
This is the 1st time this prime corner has been offered for sale. The .72 Acre site houses a 12.078sf two story office building and a 7,440sf historic brick warehouse. The aggressive Waterfront Downtown Business District zoning allows for a myriad of high intensity multi-story commercial, restaurant and multifamily uses.
Heritage Park now in development is only 3 blocks away and will heavily contribute to the vibrant growing downtown waterfront neighborhood. It will consist of 235 residential units, 35,750 square feet of retail and restaurant uses and 8,550 square feet of office.

Ideal Mainstreet location in beautiful Downtown Sanford, FL. Excellent visibility and access to the vibrant downtown.

Lot Size: 0.72 acres

Units for Lease

Ground Lease
Space Available: 0 SF
Lease Type:

Price Per Sqft/Year: $200000.0

Map of 201 West 1st St, Sanford, FL, 32771

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.