Back to Search

DeLand Mixed-Use Investment Opportunity

128 E RICH Ave, Deland, FL 32724

View on Map

For Sale

$1,300,000

Mixed-use property with income potential in downtown DeLand.

Type:Commercial

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.
Valuable on‑site parking area.
Flexible workshop and storage space for added utility and potential revenue.
Ideal for investors, owner‑users, or those seeking a repositioning opportunity.

We can help!

Listing Contact

Hailey Graham

Learn more

For Sale

$1,300,000

Mixed-use property with income potential in downtown DeLand.

Type:Commercial

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 4:11 pm

Property Features for 128 E RICH Ave

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1925

We can help!

Listing Contact

Hailey Graham

Listing agent Hailey Graham License #3385848

Listing office GREENE REALTY OF FLORIDA LLC

Listing date Apr 24, 2026

Source Elliman

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

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.
Valuable on‑site parking area.
Flexible workshop and storage space for added utility and potential revenue.
Ideal for investors, owner‑users, or those seeking a repositioning opportunity.

Overview

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.

Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Location Insight

Map
Local Demand

City: Deland
County: Volusia
State: Florida
Longitude: -81.302129
Latitude: 29.029619

Nearby Similar for Sale

$399,000

1,503 SF

Flex Office with Warehouse Garage

Flex building with office, partial upstairs space, and a separate wired warehouse/garage with roll-up doors.

1004 W Talton Avenue, DeLand, FL 32720

View Details
$399,000

1,503 SF

DeLand Office with Garage/Storage

Office in DeLand with garage/storage and expansion potential.

1004 TALTON AVENUE, DELAND, FL 32720

View Details
$259,500

2,440 SF

C-2 Retail/Office Block Building

Versatile C-2 block building with 10-foot ceilings, restrooms, and kitchen area, with interior updates needed.

227 W Voorhis Avenue, DeLand, FL 32720

View Details
$1,400,000

5,848 SF

Deland Multifamily Investment Opportunity

Income-producing multifamily property near Stetson University in Deland, Florida.

830 N CLAKE STREET, DELAND, FL 32724

View Details
$169,900

2,711 SF

Live-Work Property with Workshop

Mixed-use property includes a detached commercial workshop and a 1926 house suited for live-work or office reception layout.

1430 E NEW YORK AVENUE, DELAND, FL 32724

View Details
$425,000

1,750 SF

Turnkey Medical Office Condo

Built in 2011 and ADA-compliant, this turnkey condo includes reception, offices, and exam rooms in a four-unit medical plaza.

844 N Stone Street, DeLand, FL 32720

View Details
$745,000

3,430 SF

Mixed-Use Corner Property Opportunity

Two-building live-work setup on a prominent corner lot, offering flexible commercial space plus a residential rental option.

1030 CAMPHOR LANE, DELAND, FL 32720

View Details
$399,000

2,641 SF

Income Potential Near Downtown Deland

Two homes in one, potential income property near Stetson.

321 W PENNSYLVANIA AVENUE, DELAND, FL 32720

View Details
$525,000

3,092 SF

DeLand Multi-Family Investment Opportunity

Six-unit property in North DeLand with strong cash flow.

1757 N WOODLAND BOULEVARD, DELAND, FL 32720

View Details
$999,900

12,228 SF

Auto Repair Shop with Bays

Fully equipped auto repair shop with multiple bays, car lifts, and office space across three parcels.

309 S FLORIDA Ave, DeLand, FL 32720

View Details
$3,200,000

7,031 SF

Mixed-Use Development Opportunity in DELAND

Mixed-use property with development potential near I-4 in DELAND.

15 RUCKERT CIRCLE, DELAND, FL 32720

View Details
$539,000

5,033 SF

Historic Mixed-Use Property with Guesthouse

Historic C-2 mixed-use building with a detached guesthouse, ample parking, and in-ground pool setup in an Opportunity Zone.

228 W Howry Avenue, DeLand, FL 32720

View Details

For sale
Mixed-use properties
FL
Deland
32724
128 E RICH Ave

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.