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    706 W University Ave Gainesville, FL 32601

    New
    Picture of Restaurants at W University Ave 706, Gainesville, FL
    For Lease
    $20 SF/Yr ($4,050 /Mo)

    Restaurant - GAINESVILLE, FL

    Property size:
    2,430 SF
    Lot size:
    0.46 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 706 W University Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MU1
    APN
    13661-000-000
    Size
    2,430 SF
    Lot size
    0.46 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1962
    Building materials
    Block
    Architectural style
    Other

    Coldwell Banker M.M. Parrish Realtors (352) 335-4999 [email protected]

    Listing agent Craig Carter (352) 335-4999 License #3346602

    Listing date Dec 9, 2025

    MLS# GC535923 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Restaurant Space For Lease

    This former restaurant space is available for lease. The property, previously occupied by Leonardo's 706 for decades, is currently a shell, allowing for build-out to suit a tenant's specific requirements. It benefits from high visibility on West University Avenue, ample parking, and effective signage. The location is situated just blocks from the University of Florida and downtown Gainesville, in an area experiencing increasing density. The lot size is 0.46 acres and the property size is 2430 square feet. The zoning is MU1. The property is located in Alachua County, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    La Maracucha Food-Truck, ZEN Creative Catering, Shilohs GNV, Palm & Pine Catering, Humble Wood Fire (Bagel Shop)

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.331881
    Latitude
    29.652458

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space for lease near University of Florida and downtown.
    Where is this restaurant located?
    The property is located at 706 W University Ave Gainesville, FL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location on West University Avenue; - Ample parking and good signage; - Located blocks from the University of Florida and downtown Gainesville
    (352) 335-4999
    Request Owner's contact information
    706 W University Ave Gainesville, FL 32601
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    Gainesville, FL 32601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    706 W University Ave Gainesville, FL 32601
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