128 E RICH AVE, Deland, FL 32724
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128 E RICH AVE, Deland, FL 32724
128 E RICH AVE, Deland, FL 32724
128 E RICH AVE, Deland, FL 32724
128 E RICH AVE, Deland, FL 32724
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Next Step Home Team Keller Williams Realty SMART

Next Step Home Team Keller Williams Realty SMART

+1(863) 617-8951
$ 1,200,000
Est. payment /mo
Active

128 E RICH AVE Deland, FL 32724

10,322 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 10,322 sqft

Price per Sqft $116

Subdivision Rogers Deland

MLS Listing ID V4946191

HOA Y/N No

Year Built 1925

Annual Tax Amount $2,908

Lot Size 0.440 Acres

Acres 0.44

Lot Dimensions 144x132

Property Sub-Type Mixed Use

Source Stellar MLS

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**

Location

State FL

County Volusia

Community Rogers Deland

Area 32724 - Deland

Zoning 05C2

Interior

Cooling Central Air, None, Wall/Window Unit(s)

Exterior

View Y/N No

Water Access No

Building

Story 2

Foundation Block, Crawlspace, Pillar/Post/Pier, Slab

Lot Size Range 1/4 to less than 1/2

Structure Type Block,Brick,Wood Siding

New Construction false

Others

Ownership Corporation

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/V4946191


Stellar MLS
Listed by Hailey Graham GREENE REALTY OF FLORIDA LLC

Nearby Locations

Next Step Home Team Keller Williams Realty SMART

Next Step Home Team Keller Williams Realty SMART

Team BK3271094

+1(863) 617-8951

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128 E RICH AVE