118 NW 8th Ave - Freestanding FOR SALE


Gainesville, FL 32601- Downtown Gainesville
$3,700,000 USD
352-281-0996
118 NW 8th Ave, Gainesville, FL for Sale
$3,700,000 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

118 NW 8th Ave
Gainesville, FL 32601
Downtown Gainesville


HIGHLIGHTS

  • 28,907 SF building with 3 units
  • 75% occupancy
  • 2 strong long-term tenants
  • 1 vacant space available (4,080 SF)
  • NW 8th Avenue frontage

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$126 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Retail Building for Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

U8

APN/PARCEL ID

10036-000-000

ASK ABOUT THIS PROPERTY

Brenton LineLee & AssociatesMore Info
352-281-0996

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Brenton LineLee & AssociatesMore Info
352-281-0996

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.