Building Details

Building Size 2,718 SF

Year Built 2003

Spaces For Lease

at 490 SE 3rd Ave Contact us

490 SE 3rd Avenue - Free-standing Office Building $15/SF/Yr

Size

2,718 SF

Type

Office Building

Term

Negotiable

Contact us

Listing Agency: Lee & Associates Gainesville b***@lee-associates.com Show Phone

Listed By: Brent Line · License #BK3372787 Show Phone

Source: Lee-associates

Added: May 8 Changed: Aug 25 Last Checked: Aug 26 at 6:22AM

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Investment Insights

Based on property information with market context.

This Class B office building offers a high-efficiency interior layout with spacious executive offices designed to maximize natural light. Recent renovations and high-quality furnishings support a turnkey setup for professional occupancy, with updated finishes and a clean, modern aesthetic.

The property is located in Lake Butler, the Union County seat, with proximity to State Road 100 and State Road 121 for efficient access to Gainesville and Lake City. The surrounding area is anchored by key regional traffic drivers, including the Union County Courthouse and Lake Butler Hospital, along with major employers in the agriculture, timber, and correctional sectors.

The space is configured to support mid-sized administrative or professional operations, with a versatile floor plan aimed at accommodating a variety of day-to-day office needs.

Key Highlights

• 2,718 SF Class B office building with a high‑efficiency layout and spacious executive offices
• Recent renovations plus high‑quality furnishings included for move‑in‑ready professional occupancy
• Interior designed with a clean, modern aesthetic suitable for administrative or professional services

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service Storage Facility Real Estate Agency Furniture & Home Goods Grocery & Convenience Store Plumbing 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

Turnkey business

Opportunity

Yes

Highway access

NNN (Triple Net)

Lease Type

$2.25 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

322

Businesses Nearby

Explore this area Business Placement

Demographics for 32054, FL

12,789

Population

4,098

Households

3.1

Avg Household Size

39

Median Age

11%

College-Educated

80%

High-School Grad

216.1 sq mi

ZIP Area

59

Density / Sq Mi

$67,044

Median Household Income

$39,029

Median Earnings

$811

Median Rent

$166,700

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?

Office building - Move-in-ready Class B office building with spacious executive offices and recent renovations.

Where is this office building located?

The property is located at 490 SE 3rd Ave Lake Butler, FL.

What is the lease rate?

The lease rate is $15 SF/Yr.

What are key features of this property?

This property features: 2,718 SF Class B office building with a high‑efficiency layout and spacious executive offices; Recent renovations plus high‑quality furnishings included for move‑in‑ready professional occupancy; Interior designed with a clean, modern aesthetic suitable for administrative or professional services