Active

$1,750,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 11226 sq ft
Overview
  • ID: MFRV4939695
  • Bedrooms:
  • Bathrooms: 0
  • Size: 11226 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$1,750,000
HOA Fee:
N/A
Tax Amount:
$21050
Price per SqFt:
$155.89
Tax Legal Description:
W 100 FT OF E 180 FT OF LOT 2 EXC N 5.60 FT ON E/S & 6.67 FT ON W/S IN HWY BLK 1 HOWRYS ADD DELAND -and- E 1/3 of W 3/5 of Lot 3, Blk 1, Howrys Add DeLand
Exterior Features
Lot Size:
28300
Lot Features:
Central Business District, Fire Hydrant, City Limits, Landscaped, Oversized Lot, Sidewalk, Street Lights, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Common, Ground Level, Over 30 Spaces
Roof:
Built-Up, Membrane
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Electric
Cooling:
Office Only, Central Air
Appliances:
N/A
Furnished:
No
Floor:
Carpet
Levels:
N/A
Additional Features
Property Sub Type:
Mixed Use
Style:
N/A
Year Built:
1982
Construction Type:
Block, Concrete, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    212 E NEW YORK AVE
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