$1,750,000
Pending · 227 days on market · MLS# MFRV4939695
| Living area | 11,226 sq ft |
|---|---|
| Lot size | 0.65 acres |
| Year built | 1982 |
| Property type | Mixed Use |
| Waterfront | Yes |
| Annual taxes | $21,050 |
| County | Volusia |
Under contract-accepting backup offers. HUGE PRICE REDUCTION!! 6.5 CAP RATE!! Prime downtown DeLand, FL location. City of DeLand, FL is a very dynamic and high growth community. Formerly noted as #1 Mainstreet in America. Buildings were constructed in stages (1969, 1972 and 1981). Many recent updates included new electrical services for building 1, recent membrane roofs and recent new parking lots. Total of 11 office units in 2 buildings (some combined) and hair and beauty salons. All units are leased. Individual electrical meters and a/c units. 57 car private parking lot is full street to street. Same family ownership since 1949. 2 blocks from center of DeLand. Financial and maintenance records available for review by qualified buyers (proof required) who sign NDA attached.
Listing courtesy of Bill Mancinik, PA, CHARLES RUTENBERG REALTY ORLANDO. Presented by MC Homes Realty Inc · 727432218.