MLS® ID: S4848155
209 N OAK AVENUE
SANFORD, Florida, 32771 $1,400,000
Price reduced! We are presenting a treasured building in a beautiful Historic Downtown that is a contributing property in Sanford Commercial District. It was added to National Register of Historic Places on June 15, 1976. It is known as PICO Building that stands for Plant Investment Co. 2-story red brick PICO was built during 1886-87 as the terminal hotel for railroads & river steamboats that served Sanford. PICO Hotel was designed by local architect William T. Cotter in Romanesque Revival & Moorish Revival styles of architecture, and built by H. M. Papworth Construction Company.Turkish style resembles Plant's Tampa Bay Hotel. High ceilings, wooden floors & 9 fireplaces exist throughout interior. In 1906 PICO was remodeled & sold to Takach Family, which operated the restaurant for Mr. Plant. Their restaurant stayed there for about 50 years. Famous figures visited PICO Hotel,including President C. Coolidge when he came to Seminole County in 1929. Currently property finished for office use. There’re 4 bathrooms on 1st floor & plumbing in place for bathrooms on 2nd floor. There's office & reception area. Building has hospitality, residential & retail possibility. Plenty of parking is on-site. Property qualifies for restoration incentives from multiple entities. Located in Historic District by City Hall & Courthouse. One block from Lake Monroe & Sanford Marina, shops & restaurants. Easy access to I-4 and SR 417. PICO Building stands in its glory with many original details preserved and awaits for a new owner!