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$1,300,000

128 E Rich Avenue Deland, FL 32724 Commercial - Active

  • 128 E Rich Avenue, Deland, FL 32724 Main Photo

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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**

Property Highlights

Property Type: Commercial -
Cooling: Central Air, None, Wall/Window Unit(s)
Lot Size: 0.44 Acres
Stories: 2.0
Taxes: $2,908
Year Built: 1925

General Information

County: Volusia
Subdivision: ROGERS DELAND
Listed By:
Hailey Graham GREENE REALTY OF FLORIDA LLC 386-734-2200

Property Features

Days on Site: 95
Directions: Heading North on Woodland Blvd - Turn right onto E Rich Ave - Properties are on the right. 122-128 E Rich Ave.
Exterior: Block, Brick, Wood Siding
Flood Zone Code: X
Foundation: Block, Crawlspace, Pillar/Post/Pier, Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.44
Ownership: Corporation
Property Attached Y/N: No
Property Sub-Type: Mixed Use
Showing Instructions: Appointment Only, Call Listing Agent, Listing Agent Must Accompany, See Remarks, ShowingTime
Special Sale Provisions: None
Water Access Y/N: No
Zoning: 05C2
$1,300,000
Active
BEDS0 BATHS SQUARE FEET19,012 MLS#V4946191
STATUSActive PROPERTY TYPECommercial - SUBDIVISIONROGERS DELAND

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128 E Rich Avenue, Deland, FL 32724.

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