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Two-Suite Restaurant Property
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3117 SW 34TH ST #1 & 2, Gainesville, FL 32608

Located within University Towne Center, the property offers on-building and monument signage along SW 34th Street.

Property Size3,600 SF
Price / SF$527.78
Days on Market3

Property Features for 3117 SW 34TH ST #1 & 2

General Information

Standard status Active
Size 3,600 SF
Total Parking Spaces 45
Property subtype Restaurant

Site & Location

Corner Location Yes
Pylon Signage Yes
Anchor Co-Tenants Enson Market
Traffic Count 27,374 vehicles/day
Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $41,039

Amenities

on-building signage

Building Details

Building Size 3,600 SF
Year Built 2005
Tenancy Multi
Listing Agency: FLORIDA ADVANTAGE REALTY GROUP
Listed By: Kristen Dreyer · License #BK3321579
Source: Thefullerproperties
Added: Oct 17 Changed: Oct 19 Last Checked: Oct 19 at 2:07PM

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 FLORIDA ADVANTAGE REALTY GROUP

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Investment Insights

Based on property information with market context.

This 2005 restaurant property comprises 3,600 square feet across two suites: Unit #1 measures 2,489 square feet, and Unit #2 contains 1,111 square feet. A new roof was installed in 2022, followed by new air conditioning in 2023. The property includes 45 deeded parking spaces, with parking near the entrance and additional overflow parking. Signage is available on the building and on a monument sign facing SW 34th Street.

Within University Towne Center, the property sits at the southeast corner of SW 34th Street and Archer Road. The center is shadow-anchored by Enson Market and includes Carrabba's, Amrit Palace, Another Broken Egg Cafe, DaVinci, Taste Pho & Noodle House, Tropical Smoothie Cafe, Sahao Cafe, and Yoga Pod. The site is just over a mile from I-75 and near Shands Hospital, UF, and residential units. SW 34th Street has an average daily traffic count of 27,374 vehicles.

Key Highlights

  • 3,600 square feet across two suites: 2,489 square feet and 1,111 square feet
  • New roof installed in 2022; new AC installed in 2023
  • 45 deeded parking spaces, with additional overflow parking

Property Analytics

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Current Use

Zen Noodle Bar ... Restaurant Darrell's Dog Gone ... Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Electrical Service HVAC Service

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

27,374 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

891
Businesses Nearby
321k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 41% Shops & Services 16% Groceries 16% Apparel 12%
Publix Groceries
47,553 visits/mo 0.5 miles
Kohl's Apparel
26,953 visits/mo 0.2 miles
Circle K Shops & Services
23,632 visits/mo 0.3 miles
Sephora Beauty & Spa
23,495 visits/mo 0.3 miles
Regal Butler Town Center Leisure
22,382 visits/mo 0.4 miles

Demographics for 32608, FL

55,540
Population
25,939
Households
2.1
Avg Household Size
29
Median Age
58%
College-Educated
95%
High-School Grad
44.5 sq mi
ZIP Area
1,248
Density / Sq Mi
$60,182
Median Household Income
$34,991
Median Earnings
$1,357
Median Rent
$340,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Located within University Towne Center, the property offers on-building and monument signage along SW 34th Street.
Where is this conventional restaurant located?
The property is located at 3117 SW 34TH ST #1 & 2 Gainesville, FL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 3,600 square feet across two suites: 2,489 square feet and 1,111 square feet; New roof installed in 2022; new AC installed in 2023; 45 deeded parking spaces, with additional overflow parking
(631) 560-8998 Call to check price and availability
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