197 Church StDeLand, FL 32724

Property Details for 197 Church St

Year built

2005

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.16 AC

Property size (Sq ft)

884 SF

Zone code

C2

Property type

Retail properties

Property subtype

Turn key restaurants

APN

7009-06-00-0110

APU

700906000110

Description

This exceptional Class A retail property, located at 197 E Church St, DeLand, FL 32724, presents a unique investment opportunity. The 1,508 square foot building, constructed in 2005, boasts a prime downtown location, just steps from the Volusia County Courthouse and Stetson University, and across from Sunflower Park. Previously a successful bakery for 19 years, this single-story building offers 100% occupancy and features a captivating architectural design blending historic charm with modern amenities. The property includes a rare drive-thru, covered and uncovered patio seating areas, and a tranquil rear patio overlooking a duck pond. Inside, the versatile layout includes commercial-grade appliances, elegant granite and marble flooring, a cozy loft area, two bathrooms (one with outside access), and a large three-compartment sink. The property sits on a corner lot and offers both indoor and outdoor spaces ideal for a variety of food service or retail businesses. The asking price is $925,000. This is an owner/user investment opportunity with a strong potential for return, situated in a vibrant community known for its rich history and thriving arts scene. The APN is 7009-06-00-0110.

• CAP approach

  CAP return

  Valuation

  6%

  $221,198

  6.5%

  $204,183

  7%

  $189,599

• Comparable approach

  Method

  Valuation

  Relative Method

  $248,676

  Geo Method

  $248,676

• Alternative Use

  Use

  Valuation

  Residential

  $172,236

  Hospitality

  $157,767

  Educational

  $131,261

  Medical

  $135,775

  Retail

  $204,183

Location Insight

City

Deland

County

Volusia

State

Florida

Latitude

29.031

Longitude

-81.3016

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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