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Historic Mixed-Use Landmark in Sanford

101 W 1st St, Sanford, FL

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For Sale

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Historic mixed-use building in Downtown Sanford with flexible configurations.

Type:OFFICE

Property size:

5,204 SF

Lot size:

0.06 Acres

Price / SF:

$384/SF

HighLights

Prime "Main & Main" Location - hard, signalized corner of 1st Street & Park Avenue in the heart of Downtown Sanford.
Historic Mixed‑Use Landmark - built in 1883 as Sanford’s first bank – oldest surviving commercial building in the city.
Fully Built‑Out Restaurant Space - walk‑in cooler/freezer, prep kitchen, wrap‑around counter, and seating for ±130.
±5,204 SF | Two Stories | Up to 4 Suites - flexible retail, restaurant, residential, or professional office configurations.

We can help!

Listing Contact

Rafael Mendez

For Sale

Contact for pricing

Historic mixed-use building in Downtown Sanford with flexible configurations.

Type:OFFICE

Property size:

5,204 SF

Lot size:

0.06 Acres

Price / SF:

$384/SF

Added:: Nov 28, 2025
Days on Market:: 197
Last Refresh:: Apr 5 at 10:31 pm

Property Features for 101 W 1st St

General Information

Standard status: Active
Size: 5,204 SF
Lot size: 0.06 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Rafael Mendez

Listing agent Rafael Mendez

Listing office Saunders Commercial | Orlando

Listing date Nov 28, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Saunders Commercial | Orlando

HighLights

Prime "Main & Main" Location - hard, signalized corner of 1st Street & Park Avenue in the heart of Downtown Sanford.
Historic Mixed‑Use Landmark - built in 1883 as Sanford’s first bank – oldest surviving commercial building in the city.
Fully Built‑Out Restaurant Space - walk‑in cooler/freezer, prep kitchen, wrap‑around counter, and seating for ±130.
±5,204 SF | Two Stories | Up to 4 Suites - flexible retail, restaurant, residential, or professional office configurations.

Overview

This historic mixed-use landmark, constructed in 1883 as Sanford's first bank, stands as the city's oldest surviving commercial building. Situated in a prime "Main & Main" location, it occupies a hard, signalized corner of 1st Street and Park Avenue in the heart of Downtown Sanford. The two-story building offers approximately 5,204 square feet of space, configurable into up to 4 suites. The flexible layout is suitable for retail, restaurant, residential, or professional office uses. A fully built-out restaurant space is available, featuring a walk-in cooler/freezer, prep kitchen, wrap-around counter, and seating for approximately 130 patrons.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$151.1k	$29.04
− Vacancy	−$5.1k	−$0.99
EGI	$146.0k	$28.05
− OpEx	−$43.8k	−$8.42
NOI	$102.2k	$19.64

5,204 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.46M

$1.28M – $1.70M (±1% cap)

NOI $102,190 @ 7.0% cap · market cap 5.11%

Second Best

Specialty Retail

$1.43M

$1.25M – $1.67M (±1% cap)

NOI $100,364 @ 7.0% cap · market cap 5.02%

Theoretical Best

Office A

$1.48M

$1.30M – $1.73M (±1% cap)

NOI $103,664 @ 7.0% cap · market cap 5.18%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

The Sanford Barber Barber Shop Adrian J Laurencelle ... Electronics & Wireless Store 2S Media Advertising Agency First Impressions Barbershop Barber Shop The Corner Cafe - Home ... Restaurant

Suggested Use

Location Insight

Map
Local Demand

City: Sanford
County: Seminole
State: Florida
Longitude: -81.2682
Latitude: 28.8116

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What type of property is this?

Mixed-use property - Historic mixed-use building in Downtown Sanford with flexible configurations.

Where is this mixed-use property located?

The property is located at 101 W 1st St Sanford, FL.

What is the asking price?

The asking price for this property is $2,000,000.

What are key features of this property?

This property features: Prime "Main & Main" Location - hard, signalized corner of 1st Street & Park Avenue in the heart of Downtown Sanford.; Historic Mixed‑Use Landmark - built in 1883 as Sanford’s first bank – oldest surviving commercial building in the city.; Fully Built‑Out Restaurant Space - walk‑in cooler/freezer, prep kitchen, wrap‑around counter, and seating for ±130.

101 W 1st St, Sanford, FL

Historic mixed-use building in Downtown Sanford with flexible configurations.

Property Features for 101 W 1st St

General Information

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Industrial Flex Warehouse with Office

Versatile Sanford Commercial Complex

Turnkey Sanford Bar and Grill

Sanford Waterfront Commercial Opportunity

Remodeled Two-Story Mixed-Use Building

Turnkey Sanford Convenience Store Opportunity

Sanford Industrial Property with Offices

Renovation-Ready Office or Medical Site

Profitable Drive-Thru Restaurant Opportunity

Sanford Mixed-Use Commercial Opportunity

Income-Producing Sixplex Near Downtown Sanford

Duplex with Mother-in-Law Suite

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