1720 University Ave, Gainesville, FL 32603-1839
This exceptional 2,200 square foot restaurant space presents a rare investment opportunity directly across from the University of Florida campus on West University Avenue. Located in Alachua County, this single-tenant property boasts unparalleled visibility and high foot traffic, benefiting from its position in a key commercial corridor serving the university. The building's prime location is further enhanced by its proximity to high-density student housing, ensuring a consistent and substantial customer base. The property has enjoyed a long-term tenant (23 years), a testament to the location's enduring appeal and strong student traffic. This turn-key restaurant space is ready for immediate occupancy and offers limitless potential for a new owner. The property is classified as retail and land, with a commercial subtype specifically for restaurants. The single-suite building provides a cohesive and manageable space. This is an exceptional chance to acquire a well-established and highly visible restaurant property in a thriving university environment. The opportunity to capitalize on the consistent flow of students and the surrounding residential population makes this a truly unique investment prospect. Don't miss this chance to own a piece of Gainesville's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
U8 · Gainesville, FLGainesville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.