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Former Child Care Center Building in DeLand

  SOLD December 2023 for $500,000

1575 Detrick Avenue, DeLand, Florida 32724


Building Size3,987 Square Feet
Land Size1.37 Acres
ZoningIND, City of DeLand
WaterCity
SewerCity
Year Built1991
ConstructionCBS

Former Child Care Center Now Available!

For sale is a former child care center, being offered at the estimated appraised value. The seller outgrew this space and moved to a much larger facility.

The property consists of two buildings: The 3,411 s.f. main building has been used continuously as a child care center/preschool since 1991 and was licensed for 123 students. An additional 576 s.f. building was completed in 2022 and was used for kindergarten classes. If used for childcare, it should add about 12 students to the license. The 3,987 s.f. combined buildings are for sale, subject to an assignable ground lease with the City. The ground lease has a remaining term, plus option, of 36 years, and is currently $1,378 per month. Seller may also consider leasing, or leasing the center with an option to purchase, to a qualified tenant. The project has been prequalified by an SBA lender as a real estate purchase/start-up with a 20% equity injection.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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