203 E 3rd Street is a 4,930 SF mixed-use building located in Downtown Sanford, Florida, the submarket's most sought after retail and dining neighborhood. Currently 100% leased to a diverse retail and office tenant base (six tenants), the property represents one of the most unique investment opportunities in the Sanford / Lake Mary market. The property includes prized SC-3 zoning (2.0 FAR), a special Waterfront Downtown Business District (WDBD) intended to facilitate higher density commercial development in Sanford's downtown core. Each of the eight office / retail suites includes private exterior entries (no internal common hallways), individual restrooms including some units with full shower facilities, direct frontage onto East 3rd Street, and ample on-site parking, a distinct leasing advantage over comparable mixed-use properties. This rare combination of on-site amenities in Downtown Sanford has generated significant tenant demand and led to 100% property occupancy.
COUNTY: Seminole
MARKET: Orlando MSA
SUBMARKET: Sanford
BUILDING SF: 4,930 SF
LAND ACRES: 0.28
LAND SF: 12,110 SF
YEAR BUILT: 1974
CURRENT OCCUPANCY: 100%
APN: 25-19-30-5AG-0502-0090
OWNERSHIP TYPE: Fee Simple
SITE PARKING SPACES: 22
NUMBER OF BUILDINGS: 1
NUMBER OF STORIES: 2