Back to Search

DeLand Restaurant/Retail Opportunity

918 S ADELLE Ave, Deland, FL 32720

View on Map

For Sale

$499,900

2340 SF building near Downtown DeLand and Stetson University.

Type:Commercial

Property size:

2,340 SF

Lot size:

0.49 Acres

Price / SF:

$213/SF

HighLights

Prime location minutes from Downtown Deland Historic District, Stetson University, and Melching Field at Conrad Park, ensuring high traffic flow.
Current zoning is BPUD/Restaurant, offering immediate business potential.
The building features two brand new 5‑ton HVAC units.
Newer roof installed only 5 years ago.
Recently updated electrical panel.
Handicap accessible with hurricane shutters already in place.

We can help!

Contact an agent

Charlene Magalski

For Sale

$499,900

2340 SF building near Downtown DeLand and Stetson University.

Type:Commercial

Property size:

2,340 SF

Lot size:

0.49 Acres

Price / SF:

$213/SF

Added:: Mar 11, 2026
Days on Market:: 120
Last Refresh:: Jul 2 at 5:55 pm

Property Features for 918 S ADELLE Ave

General Information

Standard status: Active
Size: 2,340 SF
Lot size: 0.49 Acres
Property subtype: Commercial

Building Details

Year Built: 1910

We can help!

Contact an agent

Charlene Magalski

Listing office Robert Slack LLC

Listing date Mar 11, 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 Robert Slack LLC

HighLights

Prime location minutes from Downtown Deland Historic District, Stetson University, and Melching Field at Conrad Park, ensuring high traffic flow.
Current zoning is BPUD/Restaurant, offering immediate business potential.
The building features two brand new 5‑ton HVAC units.
Newer roof installed only 5 years ago.
Recently updated electrical panel.
Handicap accessible with hurricane shutters already in place.

Overview

This 2340 square foot building presents a business opportunity with potential for restaurant or retail use. The property features two new 5-ton HVAC units, a recently updated electrical panel, and a roof that is approximately 5 years old. It is handicap accessible and equipped with hurricane shutters. The current zoning is BPUD/Restaurant. The building is located minutes from Downtown Deland Historic District, Stetson University, and Melching Field at Conrad Park, benefiting from high traffic flow. Shopping and restaurants are located nearby. Prospective buyers should independently verify all information and property details with the County Planning/Zoning department to confirm usage restrictions.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$51.4k	$21.96
− Vacancy	−$4.0k	−$1.71
EGI	$47.4k	$20.25
− OpEx	−$11.8k	−$5.06
NOI	$35.5k	$15.19

2,340 SF · lease $21.96/SF/yr · vacancy 7.80% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$507.6K

$444.2K – $592.2K (±1% cap)

NOI $35,534 @ 7.0% cap · market cap 7.11%

Second Best

Retail

$314.8K

$275.5K – $367.3K (±1% cap)

NOI $22,039 @ 7.0% cap · market cap 4.41%

Theoretical Best

Office A

$690.0K

$603.7K – $805.0K (±1% cap)

NOI $48,298 @ 7.0% cap · market cap 9.66%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Restaurants

Suggested Use

Location Insight

Map
Local Demand

City: Deland
County: Volusia
State: Florida
Longitude: -81.3114
Latitude: 29.0124

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
$249,999

2,440 SF

C-2 Block Office/Retail Building

Versatile C-2 block building with 10-foot ceilings, restroom and kitchen area, and flexible interior reconfiguration potential.

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

Commercial Workshop with Live-Work Potential

Mixed-use property with a detached workshop and residential structure, offering fenced privacy and dual street access.

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
$780,000

Land with Insulated Steel Building

Fully fenced nearly 10-acre property with an insulated steel workshop, roll-up doors, and a move-in-ready apartment.

4155 MARSH ROAD, DELAND, FL 32724

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
Restaurants
FL
Deland
32720
918 S ADELLE Ave

What type of property is this?

Restaurant - 2340 SF building near Downtown DeLand and Stetson University.

Where is this restaurant located?

The property is located at 918 S ADELLE Ave Deland, FL.

What is the asking price?

The asking price for this property is $499,900.

What are key features of this property?

This property features: Prime location minutes from Downtown Deland Historic District, Stetson University, and Melching Field at Conrad Park, ensuring high traffic flow.; Current zoning is BPUD/Restaurant, offering immediate business potential.; The building features **two brand new 5‑ton HVAC units.**