101 E 1st St
Sanford, FL 32771
Wells Fargo Tower · Office Property For Sale
Investment Highlights
- Possiible City Tax Rebate (up to 10 Years)
- Possible Uses: Office, Residential, Hospitality, Mixed-Use
- Walk to Dining, Entertainment, Shopping, Waterfront
- Other Possible Tax Incentives / Grants
- On-Site Parking
- Heritage Park Info: www.heritageparksanfordfl.com
Executive Summary
Located in the heart of Historic Downtown Sanford, this building was designed by Mowbray & Uffinger of New York and was Sanford’s first “skyscraper” when it was built in 1923. Now anchored by Wells Fargo (separate ownership), the upper floors are a “blank canvas” — ready for a new owner to build their vision to complement the other exciting projects already being developed in Historic Downtown Sanford. Renovate into Residential Apartments / Condos, Office Space, Hotel, etc. Work with your co-owner to transform the existing parking lot into retail and/or a parking structure for this building and revenue generation. Possible Tax Rebate from the City & other possible tax incentives / grants available from the City / County/ State depending on use and job creation.
Property Facts
| Property Type | Office | Rentable Building Area | 31,800 SF |
| Property Subtype | No. Stories | 6 | |
| Building Class | B | Year Built | 1923 |
| Lot Size | 0.89 AC | Parking Ratio | 1.65/1,000 SF |
| Zoning | SC-3 | ||
| Property Type | Office |
| Property Subtype | |
| Building Class | B |
| Lot Size | 0.89 AC |
| Rentable Building Area | 31,800 SF |
| No. Stories | 6 |
| Year Built | 1923 |
| Parking Ratio | 1.65/1,000 SF |
| Zoning | SC-3 |
Amenities
- 24 Hour Access
- Banking
- Bus Line
- Commuter Rail
- Natural Light
