1120 1St StSanford, FL 32771

This exceptional two-story, 6,150 square foot office building in Sanford, Florida, presents a compelling investment opportunity for owner-users or investors. Located at 1120 W 1st St, in Seminole County, this Class B property features three suites totaling 4,900 net rentable square feet, currently occupied with a gross lease in place until March 1, 2025. Built in 1984 and renovated in 2007, the building sits on a 22,000 square foot lot and boasts a 7.22% cap rate with a current NOI of $65,000. The asking price is $900,000, translating to $146.34 per square foot. The property benefits from a highly visible location at the main entry to Historic Downtown Sanford, offering easy access and high traffic visibility. Amenities include a monitored ADT alarm system and private double rear garage parking. The building is zoned GC and offers a flexible layout suitable for creative, executive, or traditional office uses, as well as medical or flex space. With an occupancy date of September 1, 2024, and a strong surrounding demographic (over 100,000 within a 5-mile radius, with average household incomes exceeding $60,000), this property offers significant potential for long-term growth and profitability. The property is fee simple ownership.