In a PM Professional Mixed-Use District, each lot shall have a frontage of at least 75 feet, a depth of at least 100 feet and an area of at least 7,500 square feet, except that, if a plot having a frontage of not less than 50 feet and containing an area of not less than 7,500 square feet was in one single and separate ownership on December 11, 1989, a building may be erected or altered on such plot, provided that all provisions of this Code are complied with, and further provided that such single and separate ownership is continuously maintained following the aforesaid date.