Homes for sale - 128 E RICH AVE, Deland, FL 32724

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Rich Henderson

rich@myrealtorrich.com +1(630) 338-3792

$ 1,300,000

Est. payment | -/mo

10,322 SqFt

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$ 1,300,000

Est. payment | -/mo

Save Virtual Tour

10,322 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 10,322 sqft

Price per Sqft $125

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)

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, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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

Listed by Hailey Graham GREENE REALTY OF FLORIDA LLC

Learn More About LPT Realty

Rich Henderson

Sales Executive | License ID: SL3522272

rich@myrealtorrich.com

+1(630) 338-3792

128 E RICH AVE Deland, FL 32724

Rich Henderson

Key Details

Location

Interior

Building

Others

Learn More About LPT Realty

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128 E RICH AVE