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410 W Beresford Ave 3,857 SF Retail Building Deland, FL 32720 $207,631 CAD ($53.83 CAD/SF) 14.93% Cap Rate
Investment Highlights
- Great for a Bar or Grille
- Former Biker Bar
- Block Construction
Executive Summary
Seller says SELL! DRASTICALLY REDUCED! POTENTIAL 15% CAP REATE!! Perfect facility & location for BBQ or other restaurant, bar & grill, sports bar, catering kitchen, event venue, club, or convert to other uses - retail, commercial, office. Original BBQ pits are intact. The adjacent vacant lot is included which increases the overall lot area to over 1/4 acre. The vacant lot could be used for extra parking now or maybe business/building expansion with proper zoning change approvals & permitting. Buyer should satisfy themselves for uses, expansion & verifying adjacent lot details. Great location directly across from Edith I. Starke Elementary School. Possible 10+ cap rate. Needs renovations.
From I-4 W take the FL-44 W/E New York Ave exit. Follow FL-44 & take slight left onto E Voorhis Ave. Go about 0.6 mi then turn left onto S Blue Lk Ave. Go about 0.7 mi then turn right onto E Beresford Ave. Destination will be on the left in about 2.1 mi. 410 W Beresford Ave. Deland, FL
From I-4 W take the FL-44 W/E New York Ave exit. Follow FL-44 & take slight left onto E Voorhis Ave. Go about 0.6 mi then turn left onto S Blue Lk Ave. Go about 0.7 mi then turn right onto E Beresford Ave. Destination will be on the left in about 2.1 mi. 410 W Beresford Ave. Deland, FL
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$39,123
|
$10.14
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$3,912
|
$1.01
|
| Effective Gross Income |
$35,211
|
$9.13
|
| Taxes |
$2,420
|
$0.63
|
| Operating Expenses |
$1,669
|
$0.43
|
| Total Expenses |
$4,089
|
$1.06
|
| Net Operating Income |
$31,122
|
$8.07
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $39,123 |
| Annual Per SF | $10.14 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $3,912 |
| Annual Per SF | $1.01 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $35,211 |
| Annual Per SF | $9.13 |
| Taxes (CAD) | |
|---|---|
| Annual | $2,420 |
| Annual Per SF | $0.63 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $1,669 |
| Annual Per SF | $0.43 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $4,089 |
| Annual Per SF | $1.06 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $31,122 |
| Annual Per SF | $8.07 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,857 SF
Building Class
C
Year Built
1955
Price
$207,631 CAD
Price Per SF
$53.83 CAD
Cap Rate
14.93%
NOI
$30,995 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.27 AC
Zoning
05R4 - Business or Retail Uses, Restaurant, Residential
Frontage
Amenities
- Corner Lot
- Restaurant
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
20/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 7020-07-01-0600 | Total Assessment | $161,278 CAD (2026) |
| Land Assessment | $32,357 CAD (2026) | Annual Taxes | $2,420 CAD ($0.63 CAD/SF) |
| Improvements Assessment | $128,921 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
7020-07-01-0600
Land Assessment
$32,357 CAD (2026)
Improvements Assessment
$128,921 CAD (2026)
Total Assessment
$161,278 CAD (2026)
Annual Taxes
$2,420 CAD ($0.63 CAD/SF)
Tax Year
2025
Contacts
-
Thomas Hammond -
Jackson Hammond -
Nancy Hammond -
Coldwell Banker Vanguard Realty
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410 W Beresford Ave
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