The Park Ave Cornerstone

101 W 1st Street: Premier "Main & Main" Historic Mixed-Use Building in Downtown Sanford

Occupying the hard, signalized corner of 1st Street and Park Avenue, 101 W 1st Street represents a landmark commercial real estate acquisition in the core of Downtown Sanford’s Historic District. Known as "The Park Ave Cornerstone," this 5,204-square-foot, two-story asset offers a rare combination of immediate rental income, turn-key restaurant infrastructure, and high-value second-floor redevelopment potential in one of Central Florida’s most active downtown corridors.

Key Investment Highlights

• Irreplaceable "Main & Main" Corner Location: Situated at the highest-visibility intersection in Downtown Sanford (1st St & Park Ave), capturing heavy foot traffic, local events, and district visitors.

• Turn-Key Restaurant Capability: Includes a fully built-out ground-floor restaurant layout complete with a walk-in cooler/freezer, prep kitchen, wrap-around service counter, and dining space for ±30 patrons.

• Flexible Multi-Suite Layout: Offers up to 4 customizable suites across two stories, allowing for diverse commercial configurations including retail, hospitality, professional offices, or residential lofts.

• Existing Cash Flow: Anchored by a long-term, in-place barbershop tenant on the street level, providing steady income while executing leasing or repositioning strategies.

• Upper-Level Redevelopment Opportunity: The second floor features rich hardwood flooring, wide-open floor plans, and abundant natural light—ideal for boutique office suites, studio space, or residential loft conversion.

• Prominent Street Frontage: Features 74 feet of direct frontage along 1st Street, delivering maximum branding visibility and continuous curb appeal.

Executive Summary & Property Overview

Originally constructed in 1865, 101 W 1st Street stands as a historic centerpiece within Sanford’s designated commercial core. The property's classic brick character paired with its SC3 zoning creates an adaptable footprint for investors or owner-users seeking a trophy downtown asset.

With a fully equipped restaurant space ready for immediate activation, an established retail tenant generating revenue, and flexible second-floor space, this property delivers balanced diversification across commercial, dining, and professional service uses.

Property Specifications

• Property Address: 101 W 1st Street, Sanford, FL 32771

• Offering Price: $2,000,000 ($384.32 / SF)

• Sale Type: Investment or Owner-User Opportunity

• Property Type / Subtype: Retail / Storefront Mixed-Use

• Building Size: 5,204 SF across 2 Stories (Up to 4 Suites)

• Lot Size: 0.06 Acres (Building FAR: 1.99)

• Street Frontage: 74 Feet on 1st Street

• Occupancy / Tenancy: 100% Leased / Multi-Tenant

• Zoning: SC3 (Sanford Commercial Core District)

• Year Built: 1865

• Location Amenities: Excellent Walkability, LYNX Bus Line Access