Former Restaurant Space
706 W UNIVERSITY Avenue Gainesville, FL 32601
For Lease
$20 SF/Yr
COMMERCIAL - GAINESVILLE, FL
Property Size2,430 SF
Lot Size0.46 Acres
Days on Market232
Property Features for 706 W UNIVERSITY Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
MU1
Standard status
Active
APN
13661-000-000
Size
2,430 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BROWN ADDN BK 4 PB A-64 FLORIDA COURT PB A-110 LOTS 2 4 6 LESS R/W OR 175/232 & 234) OR 1987/0387
Tax Annual Amount
13531
Utilities
Cooling system
Central Air
Building Details
Year built
1962
Building materials
Block
Listing Agency:
COLDWELL BANKER M.M. PARRISH REALTORS
(352) 335-4999
Listed By:
Craig Carter · License #SL3346602
(352) 339-4038
Added: Dec 9, 2025
Changed: Jul 20
Last Checked: Jul 29 at 11:06PM
MLS# GC535923
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This former restaurant space is currently delivered as a shell, allowing a tenant to build out the interior to specific needs. The site was previously home to Leonardo’s 706 for decades.
The property is positioned for strong street visibility from West University Avenue, with plenty of parking and good signage. It is located just blocks from the University of Florida and downtown Gainesville.
Zoned MU1, the space sits on a 0.46-acre parcel totaling 2,430 square feet, offering a straightforward footprint for restaurant build-out within an area that is increasing in density.
The property is positioned for strong street visibility from West University Avenue, with plenty of parking and good signage. It is located just blocks from the University of Florida and downtown Gainesville.
Zoned MU1, the space sits on a 0.46-acre parcel totaling 2,430 square feet, offering a straightforward footprint for restaurant build-out within an area that is increasing in density.
Key Highlights
- Former restaurant space for lease, currently a shell that can be built out to a tenant’s specific needs
- Housed Leonardo’s 706 for decades
- Central air cooling
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Fresh Food Company — 60 Inner Rd, Gainesville, FL 32610
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Shell restaurant space is available for build-out to a tenant’s specific needs with visibility and parking on University Avenue.
Where is this conventional restaurant located?
The property is located at 706 W UNIVERSITY Avenue Gainesville, FL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Former restaurant space for lease, currently a shell that can be built out to a tenant’s specific needs; Housed Leonardo’s 706 for decades; Central air cooling
