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$1,000,000

0 Beds 0 Baths 10,322 SQFT 0.44 Acres
Type: Commercial

128 E RICH AVENUE
DELAND, FL 32724

MLS#: V4946191
Tara Cardenas
Tara Cardenas
The Real Estate Advantage
REALTOR®
Phone: 952.484.9624
Office: 952.898.5800
Presented by: GREENE REALTY OF FLORIDA LLC with 386-734-2200. - 386-734-2200

Property Description

 

Prime Downtown DeLand mixed-use opportunity across two downtown parcels, 700901050023 & 700901050030, with strong in-place income and serious upside. Centrally located in a high-traffic, highly visible downtown corridor, this property features currently occupied residential rental units producing steady cash flow, along with income-producing commercial spaces well-suited for retail, office, studio, or service-based users seeking walkability and exposure. Property is currently configured as 8 residential units and 2 commercial units, with 2 of the residential units vacant and needing renovations. Additional workshop and storage space provides flexible utility and potential for added revenue. On-site parking area adds a major advantage for both residential tenants and commercial customers- rare for downtown. Property offers clear value-add potential for investors and business-minded buyers willing to add some TLC to boost rents and maximize long-term returns. Ideal for portfolio growth, owner-user live/work vision, or repositioning play in one of DeLand’s most active and desirable areas. Don't miss the chance to make this rare opportunity yours! **All information provided by public records and/or seller and presumed correct, but to be verified by buyer during due diligence**


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Total Stories2

General

Additional Parcels Description700901050030
Additional Parcels Y/NYes
Building Area Units0 sqft
CityDELAND
Construction MaterialsBlock, Brick, Wood Siding
CoolingCentral Air, None, Wall/Window Unit(s)
CountyVolusia
DirectionsHeading North on Woodland Blvd - Turn right onto E Rich Ave - Properties are on the right. 122-128 E Rich Ave.
Flood Zone CodeX
Flood Zone Code XY
Legal DescriptionPARCEL #1: W 61 FT OF N 1/2 OF LOT 2 & E 3 FT OF N 60 FT OF LOT 3 BLK 5 DELAND PER OR 2750 PG 0713 PARCEL #2: E 83 FT OF N 1/2 OF LOT 3 EXC E 3 FT OF N 60 FT BLK 5 DELAND PER OR 4255 PG 3358
Listing TermsCash
Living Area Units0 sqft
Lot Size Square Feet19,008 sqft
Lot Size UnitsSquare Feet
MLS Area32724 - Deland
New ConstructionNo
OwnershipCorporation
Property SubtypeMixed Use
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Subdivision NameROGERS DELAND
Tax Annual Amount$2,909
Tax Lot2
Tax Year2024
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1925
Zoning05C2

Exterior

Building Area Total19,012 sqft
Foundation DetailsBlock, Crawlspace, Pillar/Post/Pier, Slab
Lot Dimensions144 x 132
Lot Size Acres0.44
Lot Size Area19,008 sqft
Number of Buildings3
Number of Lots1
Road Frontage TypeCity Street
Road Surface TypePaved
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$1,000,000

0 Beds 0 Baths 10,322 SQFT 0.44 Acres
Type: Commercial

128 E RICH AVENUE
DELAND, FL 32724

MLS#: V4946191
Tara Cardenas
Tara Cardenas
The Real Estate Advantage
REALTOR®
Phone: 952.484.9624
Office: 952.898.5800