$1,300,000
128 E Rich Avenue Deland, FL 32724
For Sale MLS# V4946191
10,322 sq ft Commercial
Details for 128 E Rich Avenue
MLS# V4946191
Description for 128 E Rich Avenue, Deland, FL, 32724
Prime Downtown DeLand mixed-use opportunity across two downtown parcels, 700901050023 & 700901050030, with strong in-place income and serious upside. Centrally located in a high-traffic, highly visible downtown corridor, this property features currently occupied residential rental units producing steady cash flow, along with income-producing commercial spaces well-suited for retail, office, studio, or service-based users seeking walkability and exposure. Property is currently configured as 8 residential units and 2 commercial units, with 2 of the residential units vacant and needing renovations. Additional workshop and storage space provides flexible utility and potential for added revenue. On-site parking area adds a major advantage for both residential tenants and commercial customers- rare for downtown. Property offers clear value-add potential for investors and business-minded buyers willing to add some TLC to boost rents and maximize long-term returns. Ideal for portfolio growth, owner-user live/work vision, or repositioning play in one of DeLand’s most active and desirable areas. Don't miss the chance to make this rare opportunity yours! **All information provided by public records and/or seller and presumed correct, but to be verified by buyer during due diligence**
Listing Information
Property Type: Commercial, Mixed Use
Status: Active
Lot Size: 0.44 Acres
Square Feet: 10,322 sq ft
Year Built: 1925
Stories: 2 Story
Construction: Brick,Block,Wood Siding
Subdivision: Rogers Deland
Foundation: Block,Crawlspace,Pillar/Post/Pier,Slab
County: Volusia
Interior Features
Basement: Crawl Space
Utilities
Cooling: None, Central Air, Wall/Window Unit(s)
Exterior / Lot Features
Lot Dimensions: 144x132
Driving Directions
Heading North on Woodland Blvd - Turn right onto E Rich Ave - Properties are on the right. 122-128 E Rich Ave.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 7009-01-05-0023
Tax Amount: 2908.56
Tax Year: 2024
A broker reciprocity listing courtesy: GREENE REALTY OF FLORIDA LLC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 128 E Rich Avenue
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 128 E Rich Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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