DeLand Mixed-Use Investment
128 E RICH Ave Deland, FL 32724
For Sale
$1,300,000
Mixed-use property with income potential in downtown DeLand.
Days on Market96
Property Features for 128 E RICH Ave
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1925
Listing Agency:
GREENE REALTY OF FLORIDA LLC
(386) 405-8016
Listed By:
Hailey Graham · License #3385848
(386) 405-8016
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 6:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GREENE REALTY OF FLORIDA LLC
Investment Insights
Based on property information with market context.
This mixed-use property is located in downtown DeLand, situated across two parcels in a high-traffic, highly visible corridor. The property is currently configured with 8 residential units and 2 commercial units. Two of the residential units are vacant and require renovations. The commercial spaces are suitable for retail, office, studio, or service-based businesses seeking walkability and exposure. Additional workshop and storage space provides flexible utility. An on-site parking area is available for both residential tenants and commercial customers. The property offers value-add potential for investors and business-minded buyers looking to boost rents and maximize long-term returns. It is ideal for portfolio growth, owner-user live/work vision, or repositioning. The location has a bike score of 64, indicating it is bikeable, and a walk score of 76, indicating it is very walkable.
Key Highlights
- Prime downtown DeLand location in a high‑traffic, highly visible corridor.
- Mixed‑use property with both residential and commercial units, offering diverse income streams.
- Strong in‑place income with upside potential through renovations and rent increases.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with income potential in downtown DeLand.
Where is this mixed-use property located?
The property is located at 128 E RICH Ave Deland, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime downtown DeLand location in a high‑traffic, highly visible corridor.; Mixed‑use property with both residential and commercial units, offering diverse income streams.; Strong in‑place income with upside potential through renovations and rent increases.
