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The Park Ave Cornerstone 101 W 1st St 5,204 SF 100% Leased Retail Building Sanford, FL 32771 $2,790,400 CAD ($536.20 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • 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 ±30
  • Zoning: SC-3 - Allows for a variety of commercial and mixed-use applications
  • ±5,204 SF | Two Stories | Up to 4 Suites - Flexible retail, restaurant, residential, or professional office configurations
  • Second Floor Opportunity - Hardwood floors, abundant natural light, convertible for office or loft use
  • Vibrant Downtown Setting - Surrounded by top restaurants, boutiques, breweries, and waterfront amenities

EXECUTIVE SUMMARY

Building upon its storied past, 101 W 1st Street stands as a timeless architectural centerpiece at the signalized intersection of 1st Street and Park Avenue, right in the heart of Historic Downtown Sanford. Originally constructed in 1883 as the Lyman Bank, this two-story ±5,204 SF mixed-use landmark remains one of Sanford’s most distinctive commercial assets.
Designed with block and marble construction, its stately neoclassical façade, tall windows, and corner prominence embody the architectural grace of the city’s golden era while offering functionality suited for today’s retail, restaurant, or professional uses.
Inside, the first floor features a fully built-out restaurant suite complete with walk-in cooler, freezer, prep kitchen, seating for approximately 36 patrons, along with additional patio seating for 20—ideal for a boutique café, sushi, or dessert concept. Adjacent to it, a tenant-occupied retail suite provides stable income and 1st Street visibility. The second floor, highlighted by hardwood flooring, natural light, and dual access points, can serve as a single residence, professional office, or split configuration for creative users.
With SC-3 zoning, ample street and city parking, and dual access points, this property blends historic charm with investment flexibility—a rare opportunity to own a landmark that pays homage to the past while embracing Sanford’s bright future.
Location Description
Few Florida downtowns have transformed as authentically and vibrantly as Sanford’s Historic District. Once a 19th-century riverfront trade hub, the area has evolved into a destination for arts, dining, and urban living—attracting both local patrons and regional visitors.
Downtown Sanford’s brick-lined streets, boutique shops, and craft breweries now pulse with energy, supported by steady pedestrian traffic from the Sanford Riverwalk, Fort Mellon Park, and year-round festivals. Public and private reinvestment continues to accelerate, with mixed-use developments, restored storefronts, and new residential infill projects redefining the local landscape.
Located on the city’s Main & Main, 101 W 1st Street enjoys unmatched visibility within this thriving district. Steps from local favorites like Hollerbach’s, Henry’s Depot, Christo’s, and Tuffy’s, the property is positioned at the crossroads of Sanford’s historic identity and modern resurgence—making it a strategic anchor in one of Central Florida’s most dynamic downtown economies.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,204 SF
Building Class
B
Year Built
1865
Price
$2,790,400 CAD
Price Per SF
$536.20 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.99
Lot Size
0.06 AC
Zoning
SC3
Frontage
74’ on 1st St

AMENITIES

  • Bus Line
Walk Score®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

VyStar Credit Union
Truist
Fairwinds Credit Union
Foxtail Coffee Co.
Checkers

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-19-30-5AG-0304-0010
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$710,111 CAD
  • Listing ID: 38142690

  • Date on Market: 2025-10-20

  • Last Updated:

  • Address: 101 W 1st St, Sanford, FL 32771

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