$30,000 PRICE REDUCTION! 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. Public sewer and water. 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.
$30,000 PRICE REDUCTION! 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. Public sewer and water. 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.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 0.00
Land Information
Lot Features: Corner Lot, City Limits, Level
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Road Frontage Type: City Street
Sewer: Public Sewer
Utilities: Public, Sewer Available, Water Available
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Current Use: Commercial
Legal Description: LOTS 1 + 2 BLK 5 TR 8 TOWN OF SANFORD PB 1 PG 61
Investors build your Dream Venture here! Don't miss this opportunity to a create your commercial empire on almost an acre of land in another thriving area of Sanford.
This OVERSIZED Lot bordering Sanford's Historic District at 3rd and Laurel is the former site of a triplex should be able to host Residential, Commercial or Multi Family. The highest and Best use may
OWNER FINANCING AVAILABLE 23 acres of land recently priced by our bank at $9.2M once encumbrances are lifted, so this is priced to move fast! Appraisal is in the link below in the folder. This parce
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