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128 E RICH AVENUE

Commercial For Sale
$1,300,000

BTC: 20.31250000

ETH: 722.22222222

174 days
0 room(s)
10,322 sqft

Overview

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

Florida • DELAND • 32724 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1925
Lot:
0.44 Acres
Heating:
No Data
Price/sqft:
$126
Cooling:
Central Air / None / Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$2,908
2024
All facts and features

  • Cooling

    • Central Air

    • None

    • Wall/Window Unit(s)

  • Lot

    • Lot: 0.44 Acres

    Other Property Information

    • Parcel Number: 700901050023

    • Zoning: 05C2

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Other financial information

    • Annual tax amount: $2,909

  • Source details

    • MLS ID: V4946191

    Other facts

    • Construction Materials: Block / Brick / Wood Siding

    • Foundation Details: Block / Crawlspace / Pillar/Post/Pier / Slab

    • Living Area: 10322

    • Lot Size Dimensions: 144 x 132

    • Subdivision Name: ROGERS DELAND

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
32724
413
median $325K
Active
Same city
DELAND
642
median $330K
Active
Same type
Commercial
29
median $425K
Active
Similar price
$910K – $1.7M
18
median $1.2M
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: GREENE REALTY OF FLORIDA LLC