2820 Howland Blvd - Storefront Retail/Office FOR SALE


Deltona, FL 32725- Deltona Lakes
$1,150,000 USD
386-804-2248
2820 Howland Blvd, Deltona, FL for Sale
$1,150,000 USD
Storefront Retail/Office - FOR SALE
1/47
null | 5.84% Cap Rate

2820 Howland Blvd
Deltona, FL 32725
Deltona Lakes


HIGHLIGHTS

  • Heavy Daytime Traffic, Zoned C-1 which has numerous usuages such as retail, office space, business, motel, hotel, barber shops, beauty saloons & more.

OVERVIEW

Property is located in the Largest City of Volusia County. Plaza fronts on Howland Blvd.Deltona a high volume traffic location. Plaza has 7 units. 6 units are downstairs, the 7th Unit is upstairs with 2 additional Storage Units. The Plaza has a great potential and is looking for a owner that will take it to another level. Approximately 18 car spaces. Large 1 car garage with storage also for rent. The zoning is C-1 which is ideal for retail, business offices, hair salon, barber shop, co-signment shops, hotels, motels and a wide selection of usages permitted but No food or cooking business are permitted while its on septic. The property is on septic, however, the sewer is available at the property and needs to be hook up. With the sewer being hook up it will Open More Potential Usages and more Income. Owner will consider holding a note for $300,000 amortize for 30 years and balloon in 2 years at an interest rate of 6%. Owner is firm on the price. A couple of the leases will expire at the end of the year. The Capitalization rate can be higher with a new owner that will focus on the Plaza. Great Potential.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$258 USD /SF

CAP RATE

5.84%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bar, Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

Commercial 1

APN/PARCEL ID

8130-39-09-0090

ASK ABOUT THIS PROPERTY

Joseph NapolitanoLPT REALTYMore Info
386-804-2248

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Joseph NapolitanoLPT REALTYMore Info
386-804-2248

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.