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W 3rd St - Commercial & Multi-Family in downtown Sanford 0.27 Acres of Commercial Land Offered at $250,000 in Sanford, FL 32771
INVESTMENT HIGHLIGHTS
- Rare commercial or multi-family redevelopment site in red-hot downtown Sanford. NOT in the historic district and subject to extra regulations.
- SC-3 Special Commercial zoning allows many commercial uses and can allow multi-family. . Future Land Use - WDBD, Waterfront Downtown Business District
- Apparently there were previously three homes on the property, but they were cleared decades ago.
- Approximately .27 acres on main thoroughfare through downtown, site has frontage on 3rd Street and access on Laurel Ave. Public sewer and water.
- WDBD allows for minimum set-backs, lower parking requirements, and up to 50 units/acre. Also allows two story Live/Work buildings.
- Massive commercial and residential growth - new restaurants & microbreweries are opening up the west end of historic downtown Sanford.
EXECUTIVE SUMMARY
Rare commercial or multi-family redevelopment site opportunity in red-hot downtown historic Sanford.
Approximately .27 acres on main thoroughfare through downtown, site has frontage on 3rd Street and access on Laurel Ave.
NOT in the historic district and subject to extra regulations.
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.
Zoning also allows two story Live/Work buildings, and you can play one block away at the Paw Park.
Apparently there were previously three homes on the property, but they were cleared decades ago.
Massive commercial and residential growth in the area. New restaurants & microbreweries are opening up the west end of historic downtown Sanford.
Approximately .27 acres on main thoroughfare through downtown, site has frontage on 3rd Street and access on Laurel Ave.
NOT in the historic district and subject to extra regulations.
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.
Zoning also allows two story Live/Work buildings, and you can play one block away at the Paw Park.
Apparently there were previously three homes on the property, but they were cleared decades ago.
Massive commercial and residential growth in the area. New restaurants & microbreweries are opening up the west end of historic downtown Sanford.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $250,000 | Lot Size | 0.27 AC |
| Price Per AC | $925,925.93 |
| Price | $250,000 |
| Price Per AC | $925,925.93 |
| Lot Size | 0.27 AC |
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 25-19-30-5AG-0508-0010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $57,877 |
PROPERTY TAXES
Parcel Number
25-19-30-5AG-0508-0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$57,877
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W 3rd St - Commercial & Multi-Family in downtown Sanford
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