View all 26 pictures

3.77 Acres in Deland, FL - $7,200,000

Business - DeLand, FL

Located on an entire City block of 3.77 acres in Downtown Deland, the Bank of America Building is centrally located in close proximity to Stetson University, the Volusia County Courthouse and the Downtown Deland Historic District. Bank of America occupies the first floor of the building and other strong tenants include The County of Volusia, The State of Florida and The Department of Children and Families.

The building is currently 75% occupied with a total of 14,852 Square Feet available for an end user with 9,596 Square Feet contiguous. There are several prospective tenants for the vacant spaces and the seller will lease to these tenants or reserve for an end user. Current Net Income is $232,000 with tremendous upside potential with market leases in the vacant units. The building has shared restrooms on each floor and common area space accounts for 20% of the area. It is cooled by ...

Read More

Looking for buyer representation?

Map