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Unique mixed-use opportunity in DeLand on a prominent corner lot of approximately . 65 acre, featuring two separate buildings and exceptional potential for owner-users, investors, or entrepreneurs. The main commercial building offers approximately 2, 400 square feet of heated and cooled space and is currently home to an operating business. Recent seller improvements have enhanced the property’s curb appeal and presentation, including replacement of exterior wood rot, fresh exterior paint, all new doors, new awnings, new exterior decking, and freshly painted parking lines to clearly define parking spaces. The result is an inviting and well-presented commercial space ready for its next chapter.
Inside, the flexible floor plan offers a wide range of possibilities. The layout currently includes a large open area for business operations, a spacious meeting or conference room, 5 to 6 potential private offices, a kitchen, and several additional rooms that can be tailored to fit your needs. Whether you envision professional offices, studio space, wellness services, retail, or another commercial use, this versatile building can accommodate a variety of business models.
The second building is a block single-family residence featuring 2 bedrooms, 1 bath, and a screened porch. The seller has also prepared this home for sale, creating even more options for use and income potential.
Live in the residence while operating your business next door, rent the home to help offset expenses, or lease both buildings for investment income. Opportunities like this are rare. Schedule your private showing and explore the possibilities for yourself.
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Our Executive Mortgage Banker:
Our Insurance Division:
$795,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $636,000 | $636,000 | $636,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.487% | 5.614% |
| Monthly Tax Payment | $377 | $377 | $377 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,762 | $3,968 | $5,155 |
| Total Monthly Payment | $4,231 | $4,437 | $5,624 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.