201 W 1st Street SANFORD Sanford, FL 32771
Restaurant, retail, and office spaces with shared break room and waiting area in Historic Downtown Sanford.
Property Features for 201 W 1st Street SANFORD
General Information
- Standard status
- Active
- Size
- 15,682 SF
Building Details
- Year Built
- 1920
Listing office (407) 890-1354
Listing date Jul 7, 2026
Source Therealestatecollection
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Investment Insights
Based on property information with market context.
The property is located at 201 W 1st Street in Historic Downtown Sanford, Florida. The surrounding area is described as featuring brick-lined streets, storefronts, and a range of local dining and retail businesses. The Sanford RiverWalk is referenced as being nearby along Lake Monroe, and the district is noted for year-round events including street festivals, farmers’ markets, and live entertainment.
With multiple office rooms and available restaurant and retail spaces, this building can fit tenants seeking a downtown address with on-site shared common areas. The variety of configurations may be useful for operators looking to launch, expand, or relocate within Historic Downtown Sanford while maintaining access to shared break and waiting space.
Key Highlights
- Historic Downtown Sanford commercial space with restaurant, retail, and office use
- More than 50 offices available, ranging from 200 to 500 SF
- 2‑story building with total building area of 20,500 SF
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $455.4k | $29.04 |
| − Vacancy | −$15.5k | −$0.99 |
| EGI | $439.9k | $28.05 |
| − OpEx | −$132.0k | −$8.42 |
| NOI | $307.9k | $19.64 |
