509 NW 10th Ave - Retail FOR SALE


Gainesville, FL 32601- Downtown Gainesville
$460,000 USD
352-222-4850
509 NW 10th Ave, Gainesville, FL for Sale
$460,000 USD
Retail - FOR SALE
1/9
null | Request Cap Rate

509 NW 10th Ave
Gainesville, FL 32601
Downtown Gainesville


HIGHLIGHTS

  • Prime Grove Street Corridor Location
  • Incredible Value-Add Opportunity
  • Heavy Weekly Foot Traffic
  • Surrounded by Popular Local Anchors
  • Flexible Urban Commercial Zoning (U6)

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$460,000 USD

PRICE/SF

$203 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

U6

APN/PARCEL ID

09648-000-000

ASK ABOUT THIS PROPERTY

Son VoSmith & Associates Real Estate, Inc.More Info
352-222-4850

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Son VoSmith & Associates Real Estate, Inc.More Info
352-222-4850

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