Class A Office
300 East University Avenue, Gainesville, FL 32601
Move-in ready office suite in downtown Gainesville.
Type:Office
Property size:
7,284 SFPrice / SF:
$185/SF- Added:
- Mar 4, 2026
- Days on Market:
- 75
- Last Refresh:
- Apr 5 at 9:44 pm
Property Features for 300 East University Avenue
General Information
- Standard status
- Active
- Size
- 7,284 SF
- Property subtype
- Office
Building Details
- Year Built
- 2005
Listing agent Dan Drotos, MSRE, CCIM, SIOR License #FL #BK3255693 (352) 420-9889
Listing office Colliers | Gainesville (352) 420-9889
Listing date Mar 4, 2026
Source Lee-associates
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Gainesville
HighLights
- Prime downtown Gainesville location directly across from City Hall and steps from government offices, restaurants, retail, arts, and entertainment.
- Move‑in ready, Class A office suite with 7,284± SF of space.
- Ample on‑site parking for employees and clients, with additional nearby parking garages.
- Fully wired to support modern technology, connectivity, and high‑capacity operations.
- Secure after‑hours digital access system for enhanced safety and convenience.
- Striking marble and granite finishes throughout common areas and restrooms.
Overview
This 7,284± SF Class A office suite is move-in ready and occupies a prime first-floor position in a stately three-story brick and stone building, offering exceptional visibility along University Avenue. The downtown address places businesses steps from government offices, restaurants, retail, arts, and entertainment. The location offers proximity to the University of Florida. The energetic downtown area includes eateries, shops, and cultural hotspots, while the nearby Innovation District fosters a dynamic environment for technology and startups. The property features a secure after-hours digital access system, marble and granite finishes throughout common areas and restrooms, durable steel-and-concrete construction with classic brick veneer exterior, and is fully wired to support modern technology, connectivity, and high-capacity operations. It is walkable to restaurants, shops, hotels, arts venues and major government buildings and is located directly across from City Hall and the downtown plaza. Ample on-site parking is available for employees and clients, with additional nearby parking garages for overflow or visitor needs.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$1.01M
NOI $90,861 @ 9.00% cap · cautious / downside scenario
Moderate
$1.30M
NOI $90,861 @ 7.00% cap · market / base-case scenario
Aggressive
$1.82M
NOI $90,861 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $144.2k | $19.80 |
| − Vacancy | −$23.1k | −$3.17 |
| EGI | $121.1k | $16.63 |
| − OpEx | −$30.3k | −$4.16 |
| NOI | $90.9k | $12.47 |
7,284 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.30M
$1.14M – $1.51M
NOI $90,861 @ 7.0% cap · market cap 6.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.80M
$1.58M – $2.10M
NOI $126,287 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
US Attorney
Law Firm
Silverman & Mack LLC
Law Firm
Greater Gainesville Chamber
Business Service Center
Nourish Alive Nutrition ...
Physician
US Navy Officer ...
Military Recruiting Office
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Alachua
- State
- Florida
- Longitude
- -82.322
- Latitude
- 29.6522
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Move-in ready office suite in downtown Gainesville.
Where is this office units located?
The property is located at 300 East University Avenue Gainesville, FL.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: Prime downtown Gainesville location directly across from City Hall and steps from government offices, restaurants, retail, arts, and entertainment.; Move‑in ready, Class A office suite with 7,284± SF of space.; Ample on‑site parking for employees and clients, with additional nearby parking garages.
