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Retail Building for Sale 118 NW 8th Ave 29,414 SF Vacant Retail Building Gainesville, FL 32601 $3,700,000 ($125.79/SF)
Investment Highlights
- 28,907 SF building with 3 units
- 2 strong long-term tenants
- NW 8th Avenue frontage
- 75% occupancy
- 1 vacant space available (4,080 SF)
Executive Summary
Located at 118 Northwest 8th Avenue, this retail property offers a versatile canvas for a discerning investor. The building features flexible interiors that accommodate a
range of merchandising and service tenants while showcasing a street presence tailored to attract steady pedestrian interest. Thoughtfully configured customer circulation enhances operational efficiency and supports a strong tenant experience. Robust loading and storage provisions simplify daily logistics and back-of-house operations. The property also benefits from a durable façade, ample natural light, and easily maintained finishes that emphasize longevity and minimize downtime between occupants. This property invites a retail operator seeking a high-potential investment opportunity.
range of merchandising and service tenants while showcasing a street presence tailored to attract steady pedestrian interest. Thoughtfully configured customer circulation enhances operational efficiency and supports a strong tenant experience. Robust loading and storage provisions simplify daily logistics and back-of-house operations. The property also benefits from a durable façade, ample natural light, and easily maintained finishes that emphasize longevity and minimize downtime between occupants. This property invites a retail operator seeking a high-potential investment opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
29,414 SF
Building Class
C
Year Built
1957
Price
$3,700,000
Price Per SF
$125.79
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.71
Lot Size
0.95 AC
Zoning
U8
Parking
16 Spaces (0.55 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 4,080 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,080 SF | Retail | - | Now |
1st Floor
| Size |
| 4,080 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Moderately walkable
70/100
Fairly drivable
50/100
Some public transit
40/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 10036-000-000 | Improvements Assessment | $753,349 |
| Land Assessment | $496,584 | Total Assessment | $1,249,933 |
Property Taxes
Parcel Number
10036-000-000
Land Assessment
$496,584
Improvements Assessment
$753,349
Total Assessment
$1,249,933
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