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Listing Details

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School Ratings & Info

Description

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 a chiller system that has been recently upgraded. Phase 1 and 2 Environmental Assessments have been completed. Please do not tour property without being accompanied by listing broker. Downtown Deland Office Investment End User Space Available- +/-15,000 Square Feet Entire City Block-3.77 Acres Opportunity Zone Bank of America as Anchor Tenant 75% Occupied With a List of Prospective Tenants Building Conditioned by Centralized Chiller System Phase 1 and 2 Environmental Assessment Completed

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© 2021 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Momentum Realty. Data last updated: 2021-09-19T23:26:46.03.
www.isell386.com/homes/108517934
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230 N Woodland Boulevard Deland, FL 32720

  • Price: $7,200,000
  • Status: Active
  • Updated: 82 min ago
  • MLS #: 1074019
0
Beds
0
Baths
0
½ Baths
3.77
Acres
66,173
SQFT
$109
$/SQFT
1974
Built
Neighborhood:
Deland
County:
Volusia
Area:
Deland
Property Description
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 a chiller system that has been recently upgraded. Phase 1 and 2 Environmental Assessments have been completed. Please do not tour property without being accompanied by listing broker. Downtown Deland Office Investment End User Space Available- +/-15,000 Square Feet Entire City Block-3.77 Acres Opportunity Zone Bank of America as Anchor Tenant 75% Occupied With a List of Prospective Tenants Building Conditioned by Centralized Chiller System Phase 1 and 2 Environmental Assessment Completed
Exterior Features

Parking Spaces 205

Interior Features

Ceiling Height 14.0000 Office 66173.00

Property Features

Building Type Location CommercialFree StandingOffice BuildingSee Remarks Business Income Opportunity Office Building Business Type Professional/Office Commercial Property Name Downtown Deland Commercial Style Comm-Land & Bldg Incl Current Use Bank Of America Franchise Opt In No Homestead Exemption No Nrr Req No Possible Use General OfficeOffice/ShowroomPersonal ServiceProfessionalProfessional Service Tax Year 2019 Taxes 67504.00 Zoning Text C-2A

Listing courtesy of Carl Lentz of Svn Alliance Commercial Real Estate Advisors.


© 2021 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Momentum Realty. Data last updated: 2021-09-19T23:26:46.03.
 
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Momentum Realty
4109 South Peninsula Drive
Port Orange FL, 32127