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120 E New York Ave - Ritter's Towne Center
9,152 SF Retail Condo Unit Offered at $1,750,000 in Deland, FL 32724
Investment Highlights
- Tenants in place
- Prime location
- Short term leases with potential upside
- Owner may consider individual sale of units
- Commercial zoning
Executive Summary
Situated in the picturesque downtown area of DeLand, the neighborhood center enjoys a prime location within walking distance to iconic landmarks, boutique shops, acclaimed restaurants, and beautiful parks. With its central location, it's easily accessible to both residents and visitors. Ample parking space included with overflow options nearby.
Property Facts
Price | $1,750,000 | Building Class | C |
Unit Size | 9,152 SF | Floors | 1 |
No. Units | 1 | Typical Floor Size | 13,034 SF |
Total Building Size | 13,034 SF | Year Built | 1965 |
Property Type | Retail (Condo) | Lot Size | 0.31 AC |
Property Subtype | Storefront Retail/Office | Opportunity Zone |
Yes
|
Sale Type | Investment |
Price | $1,750,000 |
Unit Size | 9,152 SF |
No. Units | 1 |
Total Building Size | 13,034 SF |
Property Type | Retail (Condo) |
Property Subtype | Storefront Retail/Office |
Sale Type | Investment |
Building Class | C |
Floors | 1 |
Typical Floor Size | 13,034 SF |
Year Built | 1965 |
Lot Size | 0.31 AC |
Opportunity Zone |
Yes |
1 Unit Available
Unit A-E & G-H
Unit Size | 9,152 SF | Sale Type | Investment |
Price | $1,750,000 | No. Parking Spaces | 18 |
Price Per SF | $191.22 | APN/Parcel ID | 7016-01-02-0027 |
Condo Use | Retail |
Unit Size | 9,152 SF |
Price | $1,750,000 |
Price Per SF | $191.22 |
Condo Use | Retail |
Sale Type | Investment |
No. Parking Spaces | 18 |
APN/Parcel ID | 7016-01-02-0027 |
Sale Notes
Your chance to own a unique neighborhood center situated in the growing community of Downtown DeLand. DeLand, Florida, is experiencing significant growth and is quickly becoming a thriving community for a variety of compelling reasons. Its strategic location, nestled between the bustling cities of Orlando and Daytona Beach, offers residents the convenience of urban amenities while maintaining a charming small-town atmosphere. DeLand boasts a rich historical heritage, with a vibrant downtown that features a wide range of unique shops, restaurants, and cultural attractions. The presence of Stetson University, a prestigious institution, has helped create an educated and diverse population, fostering innovation and a strong sense of community. The city's commitment to green spaces, parks, and recreational opportunities adds to its appeal, attracting families and outdoor enthusiasts. With a robust job market, affordable housing options, and a warm climate, DeLand is a magnet for those seeking a high quality of life, making it an ever-growing and dynamic community.
Included in the sale are units A, B, C, D, E, G and H (F not included). Solid brick construction and tenants in place for all included units. Owner may consider individual sale of units.
Nearby Major Retailers
zoning
Zoning Code | C-2A (C-2A Downtown Commercial District (City of DeLand)) |
C-2A (C-2A Downtown Commercial District (City of DeLand)) |
Presented by
120 E New York Ave - Ritter's Towne Center
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