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    408 W University Ave Gainesville, FL 32601

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    For Lease
    $34 SF/Yr ($4,386 /Mo)

    1,548 SF retail space in shell condition for rent.

    Property size:
    1,548 SF
    Lot size:
    1.60 Acres

    Property Features for 408 W University Ave

    General Information

    Size
    1,548 SF
    Lot size
    1.60 Acres

    Source: Colliers | Gainesville Agent Lauren Edwards

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on University Avenue

    This 1,548± SF retail space is available for rent. The space is in shell condition, ready for tenant buildout. It features a ground-level entrance with access to University Avenue, as well as an outdoor patio on the east side of the building suitable for alfresco seating. The property has a classic stone façade and large street-facing windows. A dedicated rear parking lot is available. The space is ideal for a coffee shop, retail, or creative space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hard Money Lenders ... Mortgage Lender Gainesville Divorce Mediation ... Legal Services Jean M. Alberti, ... Counselor Institute for Workforce Innovation Non-Profit Organization Seagle Building Real Estate Rental Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.3288598
    Latitude
    29.6521356

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    FAQs

    What type of property is this?
    Retail space - 1,548 SF retail space in shell condition for rent.
    Where is this retail space located?
    The property is located at 408 W University Ave Gainesville, FL.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: - Ground-level entrance with direct access to University Ave; - Enjoy the outdoor patio for alfresco seating; - 1,548± SF retail space in shell condition, ready for buildout
    (352) 254-3304
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    408 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
    408 W University Ave Gainesville, FL 32601
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