Exceptional Mixed-Use Property in DeLand – Prime Location with Ample Parking
This charming 1950 building offers a rare opportunity to own a versatile office space with mixed-use zoning (01R4) in the heart of DeLand, Florida. Perfect for professional offices, personal services, or residential conversion, this property is situated just one mile from Downtown DeLand, offering both convenience and visibility on West New York Avenue, with an Annual Average Daily Traffic (AADT) count of 11, 600 vehicles (2023 DOT).
The interior features a spacious conference room (21' x 12. 5') with a wall of windows, creating a bright and inviting space for meetings or client presentations. The stunning custom teak conference table and 12 high-back rolling chairs can be included with an acceptable offer.
Additional interior spaces include:
Office #1: 12' x 15. 5'
Office #2: 10' x 11. 5'
Office #3: 14' x 8'
Waiting Room: 16' x 9. 5' with seating for six
Designed for accessibility, the building includes a handicap ramp and bathroom as well as two dedicated handicap parking spaces. The property has two HVAC units to ensure year-round comfort.
One of the standout features is the large rear parking lot, providing approximately 30 parking spaces, ideal for accommodating clients and staff. There is also ample space to build an additional structure in the rear for expansion or additional rental income.
Additional Highlights:
Zoned 01R4 (mixed office/residential)
Fully furnished options available (negotiable)
Convenient location with high visibility
Accessible features for compliance and ease of use
Whether you're looking for a prime office location, an investment property, or a combination of both, this building offers endless potential.
Don't miss the chance to make this exceptional property your next business or investment venture! Most lenders require a commercial loan, if you plan to use it for commercial use. Check with your lender. Zoning is 01R4.
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Our Executive Mortgage Banker:
Our Insurance Division:
$450,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $264 | $264 | $264 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,425 | $2,456 | $3,111 |
Total Monthly Payment | $2,764 | $2,795 | $3,450 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.