200 W 1st St

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

200 W 1st St

Sanford, FL 32771
Asking Price
$2.00M
Asset Type
Retail
Class
Class B

What's Special

Located at 200 W 1st St, this retail property sits at a prominent corner in the heart of historic downtown Sanford. The surrounding neighborhood is characterized by a mix of restored 19th-century architecture, local boutiques, and established dining establishments. The site is positioned near the Lake Monroe waterfront and the Sanford Riverwalk, drawing steady pedestrian traffic from residents and visitors. Transportation access is provided via nearby US Highway 17-92 and State Road 417, with the Sanford SunRail station located approximately one mile to the west. The property is suited for high-visibility retail uses, including specialty boutiques, showrooms, or artisanal food and beverage concepts. Ideal tenants typically include local or regional operators seeking a storefront with large display windows and proximity to downtown’s nightlife and weekend events. The layout supports businesses that benefit from a walkable urban environment and the area's ongoing residential densification. This location caters to enterprises looking to establish a presence within a designated Main Street community with a consistent tourist and local customer base.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.909
Annual Cash Flow
$-38,738.905

Location & Travel Times