$ 7,200,000
230 Woodland BLVD Deland, FL 32720
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$ 7,200,000
Est. payment | /mo
164,221 SqFt
$ 7,200,000
Est. payment | /mo
164,221 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Pending
Purchase Type For Sale
Square Footage 164,221 sqft
Price per Sqft $43
MLS Listing ID 1074019
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1974
Annual Tax Amount $67,504
Lot Size 3.770 Acres
Lot Dimensions 3.77
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
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
Location
State FL
County Volusia
Direction A full City Block in the heart of Deland, FL. The property is bordered by N Woodland, W Wisconsin, N FL and W Church
Exterior
Waterfront No
Others
Senior Community No
Tax ID 7009-01-09-0010
Listed by SVN Alliance Commercial Real Estate Advisors
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