128 E RICH AVENUE,Deland,Volusia,Commercial Sale

$1,000,000
128 E RICH AVENUE, Deland, ROGERS DELAND

Overview

  • Updated On:
  • November 10, 2026
  • 10,322 ft2

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**

Address: 128 E RICH AVENUE
City:
State/County:
Zip: 32724
Country: United States

Property Id: 169343
Price: $1,000,000
Property Size: 10,322 ft2
Property Lot Size: 0 ac

Other Features
Has Cooling System

$5,127.20
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 3,877.20

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