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Downtown Gainesville Landmark Workspace
For Lease
$17 SF/Yr

308 W University Ave, Gainesville, FL 32601

Iconic office/retail space in the heart of Gainesville.

Space SizeContact for details
Property Size5,044 SF
Days on Market163

Property Features for 308 W University Ave

General Information

Standard status Active
Size 5,044 SF
Class B
Property subtype Office
Lease Term NNN

Building Details

Building Size 5,044 SF
Year Built 1929
Listing Agency: Lee & Associates Gainesville
Listed By: Brian Oen · License #BK3372787
Source: Lee-associates
Added: Mar 6 Changed: Aug 14 Last Checked: Aug 16 at 3:51AM

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 Lee & Associates Gainesville

Investment Insights

Based on property information with market context.

Located in the Firestone Building at the corner of W. University Avenue and SE 3rd Street, this office and retail space offers a total of 5,044 square feet of flexible workspace across two stories. The property features direct frontage on W. University Avenue and is situated in a premier downtown location. Shared covered parking is available, with approximately 2,500 square feet of on-site covered parking. The location is walkable to shopping, cafes, restaurants, and local amenities. It is also located minutes from the University of Florida and UF Innovation Hub. The property benefits from a traffic count of 19,500 AADT on West University Avenue and is located in an iconic Gainesville landmark.

Key Highlights

  • Premier downtown Gainesville location at the corner of W. University Avenue and SE 3rd Street.
  • Located in the iconic Firestone Building, a Gainesville landmark.
  • 5,044± SF of flexible workspace across two stories.**

Property Analytics

Current Use

Gainesville Media Marketing & Advertising Event Tickets Center Event Planning Historic Firestone Building Tour Operator

Suggested Use

Top Pick HVAC Service Locksmith (Bike/Boat/Book/etc) Store Plumbing Service Pet Grooming Service Butcher

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

Lease Details

NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,644
Businesses Nearby

Demographics for 32601, FL

22,039
Population
11,204
Households
2
Avg Household Size
27
Median Age
62%
College-Educated
97%
High-School Grad
4.6 sq mi
ZIP Area
4,791
Density / Sq Mi
$30,878
Median Household Income
$18,954
Median Earnings
$1,092
Median Rent
$284,200
Median Home Value

Market

Lease Benchmarks for Gainesville, FL

$42.57 /SF/Yr
Avg Asking Price
$8.67–$314 /SF/Yr
Price Range
3,274 SF
Avg Space Size

This space is priced 60% below the average of $42.57 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Iconic office/retail space in the heart of Gainesville.
Where is this office units located?
The property is located at 308 W University Ave Gainesville, FL.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Premier downtown Gainesville location at the corner of W. University Avenue and SE 3rd Street.; Located in the iconic Firestone Building, a Gainesville landmark.; 5,044± SF of flexible workspace across two stories.**
More about this property
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