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1720 W University Ave 2,200 SF Retail Building Gainesville, FL 32603 For Sale

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INVESTMENT HIGHLIGHTS

  • Frontage on W University Ave

EXECUTIVE SUMMARY

UNBELIEVABLY RARE OPPORTUNITY! This TURN KEY restaurant space is just steps across West University Avenue from the beautiful University of Florida campus in the single most critical traffic corridor for businesses serving campus. Also, the epicenter of "Game Day," this prime location is just blocks from Ben Hill Griffin Stadium. With outstanding foot traffic, direct exposure, and high visibility along University Avenue, this location is surrounded by upscale and high-density student housing. This truly phenomenal location has been filled by the same tenant for 23 years, a strong testament to the quantity and stability of the student-led foot traffic in the area. If you’re in the market for a turn-key restaurant space serving the University of Florida campus, there is simply no better location!
This property is available FOR SALE or FOR LEASE.

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,200 SF
Building Class
B
Year Built
1958
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.25 AC
Zoning
MU1 - https://library.municode.com/fl/gainesville/codes/code_of_ordinances?nodeId=PTIICOOR_CH30LADECO_ARTIVZO_DIV4MIENO
Parking
12 Spaces (5.45 Spaces per 1,000 SF Leased)
Frontage
39’ on NW 1ST

AMENITIES

  • Bus Line
Walk Score®
Very Walkable (85)
Bike Score®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Orangetheory Fitness
Chase Bank
MOD Pizza
Publix
Foxtail Coffee Co.
Bank of America
Checkers
Applebee's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14976-000-000
Land Assessment
$1,143,450
Improvements Assessment
$822,272
Total Assessment
$1,965,722
  • Listing ID: 31510432

  • Date on Market: 4/15/2024

  • Last Updated:

  • Address: 1720 W University Ave, Gainesville, FL 32603

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