David Ramirez
Mixed Use

Commercial Sale · Mixed Use

$900,000$3,000,0006,032 sq ft$149 /sq ft0.1 acres

209 N OAK AVENUE, SANFORD, FL, 32771

Active848 days on marketListed Apr 11, 2024MLS #O6195006

About this property

The property at a glance

Sanford's prominent PICO building is now available for purchase...Don't miss your chance to own a piece of history! Seller is in the planning process to construct 3 apartments upstairs, with a bar/restaurant in the lower level. this property will not be available for long. Zoned SC-3. Retail, Restaurant, Office, and multifamily residential are just a few of the approved uses. Call for a complete schedule of permitted and conditional uses. Located in the Downtown Sanford Community Redevelopment Area, and less than 2 blocks from Lake Monroe. NOT in a flood zone. this property has been an integral piece of Sanford's history since 1887. Imagine the possibilities!

6,032

Building sq ft

$149

Price / sq ft

0.1

Lot acres

1887

Year built

1

Building

SC3

Zoning

Mixed Use

Property type

Building size6,032 sq ft
Lot size0.1 acres
Year built1887
Buildings1
ZoningSC3
ConstructionBrick
CoolingA/C - Office Only · Central Air · None
Annual taxes$4,769

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $225,000
Interest rate6.00%
Loan term

Estimated payment

$4,604/mo

Principal & interest$4,047
Property taxes (actual bill)$397
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

6,100vehicles / day · 2025French St to Park Ave · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Dharma Southern KitchenRestaurant0.1 mi
SunTrustBank0.1 mi
The Original Christo'sRestaurant0.1 mi
The BasinRestaurant0.1 mi
Maggie Dog Specialty LinksRestaurant0.1 mi
Salvator's Prime SandwichesRestaurant0.1 mi
The Sullivan-A Public HouseRestaurant0.1 mi
Colonial Room RestaurantRestaurant0.1 mi
Simply Homemade 1913Grocery0.1 mi
The Current Seafood CounterRestaurant0.1 mi
The BreezewayRestaurant0.1 mi
The Tennessee TruffleRestaurant0.1 mi
The Imperial at Washburn ImportsRestaurant0.1 mi
Mahogany CoffeeRestaurant0.1 mi
Palate Coffee BreweryRestaurant0.1 mi
Sanford PokeRestaurant0.1 mi
Oak Flame PizzaRestaurant0.1 mi
The District Eatery Tap & BarrelRestaurant0.1 mi
The Corner Cafe, Home of Gourmet2GoRestaurant0.1 mi
El Tomatillo TaquieraRestaurant0.1 mi
The Collective Tea & Coffee Co.Restaurant0.1 mi
SLAM Pizza and CheesesteaksRestaurant0.1 mi
Sanford Flower ShopRetail0.1 mi
Hollerbach's OutfittersRetail0.1 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

878

Population

$46,383

Median income

63

Median age

2

Avg household

$194,548

Median home value

$1,229/mo

Median rent

57%

Households w/ kids

Consumer profile

Hops & BrewsTop 2%

Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.

Party LifeTop 6%

The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.

Ingredient AttentiveTop 6%

These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.

Whiskey BusinessTop 8%

Characterized by their appreciation for all things whiskey, this population enjoys the classy atmosphere of whiskey drinking and learning about different brands.

Live & Local MusicTop 8%

This population follows the music. From local bands to current acts at the local venue, you can find these people researching band tours and how to get backstage passes.

Body ArtTop 9%

Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.

Recent sales

What actually sold near 209 N OAK AVENUE

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

100 COMMERCE WAY UNIT A

$17,940

100 COMMERCE WAY UNIT A

6,000 sqft · $3/sqft · Sold Feb 10, 2025

223 W 3RD STREET

$800,000

223 W 3RD STREET

3,760 sqft · $213/sqft · Sold Jun 10, 2025

2154 N BEARDALL AVENUE

$172,100

2154 N BEARDALL AVENUE

2,645 sqft · $65/sqft · Sold Nov 1, 2024

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 209 N OAK AVENUE — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 209 N OAK AVENUE.

See it in person

Schedule a tour

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Goes straight to David’s phone and CRM.

Listing courtesy of SLOANE REALTY, LLC · Matt White. MLS #O6195006.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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