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    1516 Main St Gainesville, FL 32601

    For Sale
    $1,500,000

    High-visibility, flexible-use retail space.

    Property size:
    3,776 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 3,776 square foot retail property is situated on a highly visible 0.55-acre corner lot on Gainesville's Auto Row. The property boasts prominent signage opportunities, ensuring maximum brand exposure. Its strategic location offers unparalleled convenience, with close proximity to a Publix supermarket, Tom Petty Park, and a local middle school. Furthermore, its location provides easy access to the University of Florida, just a 5-minute drive away, and Gainesville Regional Airport, a mere 10 minutes away. The property's flexible U8 zoning allows for a wide range of retail uses, including the possibility of a drive-thru facility or a freestanding retail building. This presents a unique opportunity for businesses seeking high visibility and convenient access to a substantial customer base. The asking price for this prime retail location is $1,500,000. This is an excellent investment opportunity for those seeking a high-traffic, well-located retail space in a thriving Gainesville community. Don't miss out on this chance to secure a prominent position in a dynamic market.

    Property Features for 1516 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    3,776 SF
    Lot Size
    23,958 SF

    Building Details

    Year Built
    1986
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pledge 5 Foundation Non-Profit Organization Toyland of Gainesville, Inc Used Car Dealer Just Right Detailing Car Detailing Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.32483
    Latitude
    29.66626

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    FAQs

    What type of property is this?
    Retail property - High-visibility, flexible-use retail space.
    Where is this retail property located?
    The property is located at 1516 Main St Gainesville, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (352) 256-3780
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    1516 Main St 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
    1516 Main St Gainesville, FL 32601
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