Log In/Sign Up
Your email has been sent.
Investment Highlights
- Prime Grove Street Corridor Location
- Heavy Weekly Foot Traffic
- Flexible Urban Commercial Zoning (U6)
- Incredible Value-Add Opportunity
- Surrounded by Popular Local Anchors
Executive Summary
Seize the opportunity to invest in this prime commercial property located in the heart of Gainesville's most culturally vibrant neighborhood. Situated on a prominent corner lot along Northwest 10th Avenue, this 6,029-square-foot building offers an incredible blank canvas for an astute investor or visionary operator. With the groundwork laid for a complete transformation, this property is perfectly positioned for a comprehensive renovation that will turn it into a landmark destination.
Grove Street is celebrated for its independent spirit and fiercely loyal community, anchored by neighborhood favorites like the Cypress & Grove Brewing Company and the bustling Grove Street Farmers Market, which draws over 1,000 patrons every week. By revitalizing this space, you'll be tapping into a steady stream of foot traffic and aligning with an audience that actively supports local, unique retail and dining concepts. This is more than just a property; it's a chance to add significant value and become a cornerstone of this thriving cultural corridor.
Flexible Portfolio Expansion: This listing can be acquired individually or bundled as a combined assemblage with 519 NW 10th Ave and 512 NW 9th Ave, creating an unprecedented opportunity to secure a substantial footprint in one of Gainesville's fastest-growing corridors.
Grove Street is celebrated for its independent spirit and fiercely loyal community, anchored by neighborhood favorites like the Cypress & Grove Brewing Company and the bustling Grove Street Farmers Market, which draws over 1,000 patrons every week. By revitalizing this space, you'll be tapping into a steady stream of foot traffic and aligning with an audience that actively supports local, unique retail and dining concepts. This is more than just a property; it's a chance to add significant value and become a cornerstone of this thriving cultural corridor.
Flexible Portfolio Expansion: This listing can be acquired individually or bundled as a combined assemblage with 519 NW 10th Ave and 512 NW 9th Ave, creating an unprecedented opportunity to secure a substantial footprint in one of Gainesville's fastest-growing corridors.
Property Facts
Sale Type
Owner User
Sale Condition
Distress Sale
Property Type
Retail
Building Size
6,029 SF
Building Class
C
Year Built
1940
Price
$460,000
Price Per SF
$76.30
Building Height
1 Story
Building FAR
0.48
Lot Size
0.29 AC
Zoning
U6
Frontage
80’ on Northwest 10th Avenue
Moderately walkable
60/100
Fairly drivable
50/100
Some public transit
40/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 09648-000-000 | Improvements Assessment | $157,464 |
| Land Assessment | $80,847 | Total Assessment | $238,311 |
Property Taxes
Parcel Number
09648-000-000
Land Assessment
$80,847
Improvements Assessment
$157,464
Total Assessment
$238,311
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
509 NW 10th Ave



