Mixed-Use
146 N Woodland Blvd
146 N Woodland Blvd, DeLand, FL 32720
Listing Price: $2,000,000
Investment Overview
Marcus and Millichap is pleased to present 146 N Woodland Blvd for sale in DeLand, Florida. This property is situated in the Historic Downtown DeLand, presenting a rare opportunity. DeLand’s growth continues to well outpace the national average, and with Stetson University less than 1-Mile from this property, demand for retail and apartment space alike should continue to be strong.
This property is home to Four apartments, all with one kitchen, bathroom, one living room, and one bedroom. Along with the Four apartments, there are Three retail units all currently leased on the ground level, and the basement has 2,200 square feet of vacant space. The basement presents an opportunity for a new owner to be creative. They can either look to lease this space for approximately $2,500/month or put their own concept down there.
Investment Highlights
- Centrally Located in the Heart of the Historic Downtown Deland
- 2,200 Square Feet of Vacant Space in the Basement Creates an Additional Income Opportunity Through Leasing
- Basement Leasing Estimate is $13.60/SF (Submarket Average is 18.60/SF)
- The Blend of Retail and Apartments Amidst one of the Fastest Growing Florida Markets Makes This a Rare Opportunity
Exclusively Listed By
Listing Price: $2,000,000
Investment Highlights
- Centrally Located in the Heart of the Historic Downtown Deland
- 2,200 Square Feet of Vacant Space in the Basement Creates an Additional Income Opportunity Through Leasing
- Basement Leasing Estimate is $13.60/SF (Submarket Average is 18.60/SF)
- The Blend of Retail and Apartments Amidst one of the Fastest Growing Florida Markets Makes This a Rare Opportunity
Investment Overview
Marcus and Millichap is pleased to present 146 N Woodland Blvd for sale in DeLand, Florida. This property is situated in the Historic Downtown DeLand, presenting a rare opportunity. DeLand’s growth continues to well outpace the national average, and with Stetson University less than 1-Mile from this property, demand for retail and apartment space alike should continue to be strong. This property is home to Four apartments, all with one kitchen, bathroom, one living room, and one bedroom. Along with the Four apartments, there are Three retail units all currently leased on the ground level, and the basement has 2,200 square feet of vacant space. The basement presents an opportunity for a new owner to be creative. They can either look to lease this space for approximately $2,500/month or put their own concept down there.