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Mixed-Use Property with Restaurant
For Sale
$949,000

307 State Road 26, Melrose, FL 32666

Includes eleven office spaces, gallery areas, and indoor and outdoor dining.

Property SizeContact for details
Days on Market36

Property Features for 307 State Road 26

General Information

Standard status Active
Property subtype Other

Building Details

Year Built 2011
Listing Agency: Coldwell Banker M.M. Parrish Realtors
Listed By: Perry Pursell · License #0518980
Source: Commercialcafe
Added: Jul 26 Changed: Aug 30 Last Checked: Aug 30 at 1:33PM

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 Coldwell Banker M.M. Parrish Realtors

Investment Insights

Based on property information with market context.

The Melrose Center is a mixed-use commercial property comprising two buildings, including a front structure with eleven offices used by health care providers, artist studios, and a multi-room art gallery. The property also operates as a licensed fifty-seat full-service restaurant with interior and exterior dining areas. Indoor and outdoor stages support weekly musical performances, while the interior hall displays local artwork. The kitchen underwent a full renovation in 2021, with much of its equipment upgraded to brand new condition.

Located at 307 State Road 26 in Melrose, the property fronts Hwy 26, a roadway connecting Gainesville and Putnam Hall. The site lies between I-75 and I-95 and reportedly receives 8,000–10,000 cars daily. The Welcome and Information Center is certified by Visit Florida and serves the broader Lake Area Region, including Gainesville, Ocala, Palatka, St. Augustine, and Jacksonville. The buildings were constructed in 2011.

Key Highlights

  • Mixed‑use property with eleven offices, a multi‑room art gallery, and restaurant operations
  • Licensed fifty‑seat full‑service restaurant with indoor and outdoor dining areas
  • Kitchen fully renovated in 2021 with much equipment upgraded to brand new condition

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Building Supply Real Estate Agency Auto Repair Shop Garden Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby

Demographics for 32666, FL

5,961
Population
3,398
Households
1.8
Avg Household Size
51
Median Age
30%
College-Educated
97%
High-School Grad
56.8 sq mi
ZIP Area
105
Density / Sq Mi
$66,540
Median Household Income
$35,669
Median Earnings
$519
Median Rent
$206,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes eleven office spaces, gallery areas, and indoor and outdoor dining.
Where is this mixed-use property located?
The property is located at 307 State Road 26 Melrose, FL.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Mixed‑use property with eleven offices, a multi‑room art gallery, and restaurant operations; Licensed fifty‑seat full‑service restaurant with indoor and outdoor dining areas; Kitchen fully renovated in 2021 with much equipment upgraded to brand new condition
More about this property
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