Deland, FL 32720,230 Woodland BLVD
Deland, FL 32720,230 Woodland BLVD
Deland, FL 32720,230 Woodland BLVD
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$7,200,000
Est. payment /mo
164,221 SqFt
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UPDATED:

11/13/2024 06:02 PM

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

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

Others

Senior Community No

Tax ID 7009-01-09-0010


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Listed by SVN Alliance Commercial Real Estate Advisors
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“I take great pride in the level of service, honestly and professionalism I provide to my clients. I'm ready to bring all of my skills front and center to help you sell your existing home, or find your dream home!”

 

--Jamie Lucena, MBA

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230 Woodland BLVD