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1017 W University Ave 10,677 SF 100% Leased Retail Building Gainesville, FL 32601 $3,700,000 ($346.54/SF)



Executive Summary
Position your business along one of Gainesville’s most recognizable commercial corridors at 1017 W University Avenue, ideally located just minutes from the University of Florida and surrounded by established retail, dining, residential, and student activity. The property benefits from excellent visibility and exposure along University Avenue, with approximately 24,000 vehicles per day, offering a strong opportunity for a variety of retail, service, office, or commercial concepts. Its central Gainesville location provides convenient access to Downtown, Midtown, UF, and the surrounding neighborhoods, making it well positioned for businesses seeking both visibility and accessibility. The property is available for sale, with an opportunity to lease as well. Lease rate, structure, and terms are negotiable, providing flexibility for qualified tenants and a range of potential business uses. An excellent opportunity to establish a presence along one of Gainesville’s most active and well-known corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,677 SF
Building Class
C
Year Built/Renovated
1964/2000
Price
$3,700,000
Price Per SF
$346.54
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.98
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
U9 - Urban Mixed-Use High-Intensity
Parking
18 Spaces (1.69 Spaces per 1,000 SF Leased)
Frontage
91’ on Florida 24
Amenities
- Bus Line
- Signage
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
60/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 13213-000-000 | Improvements Assessment | $679,622 |
| Land Assessment | $1,143,450 | Total Assessment | $1,823,072 |
Property Taxes
Parcel Number
13213-000-000
Land Assessment
$1,143,450
Improvements Assessment
$679,622
Total Assessment
$1,823,072
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1017 W University Ave
