197 Church St DeLand, FL 32724
- Turn key restaurants
- 884 SF
- 0.16 lot acres
Current Use by Public Records
- Buttercup Bakery / Bakery
- Sunflower Park / Park / Tourist Attraction
Property Details for 197 Church St
- Year built
- 2005
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.16 lot acres
- Property size
- 884 SF
- Zone code
- C2
- Property type
- Turn key restaurants
- APN
- 7009-06-00-0110
- APU
- 700906000110
Description
This exceptional Class A retail property, located at 197 E Church St, DeLand, FL 32724, presents a unique investment opportunity. The 1,508 square foot building, constructed in 2005, boasts a prime downtown location, just steps from the Volusia County Courthouse and Stetson University, and across from Sunflower Park. Previously a successful bakery for 19 years, this single-story building offers 100% occupancy and features a captivating architectural design blending historic charm with modern amenities. The property includes a rare drive-thru, covered and uncovered patio seating areas, and a tranquil rear patio overlooking a duck pond. Inside, the versatile layout includes commercial-grade appliances, elegant granite and marble flooring, a cozy loft area, two bathrooms (one with outside access), and a large three-compartment sink. The property sits on a corner lot and offers both indoor and outdoor spaces ideal for a variety of food service or retail businesses. The asking price is $925,000. This is an owner/user investment opportunity with a strong potential for return, situated in a vibrant community known for its rich history and thriving arts scene. The APN is 7009-06-00-0110.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $185,000
- 6.5%
- $175,000
- 7%
- $175,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $190,000
- Geo Method
- $185,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $190,000
- Retail
- $195,000
- Mixed-Use
- $150,000
- Hospitality
- $155,000
- Educational
- $195,000
- Residential Income
- $165,000
- Energy
- $170,000
- Income-Based Land
- $160,000
- Food Service
- $190,000
Location Insight
- Map
- Local Demand
- City
- Deland
- County
- Volusia
- State
- Florida
- Longitude
- -81.3016
- Latitude
- 29.031
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA