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Two-Building Property with Parking Lot
For Sale
$950,000

521 NE 1ST St, Gainesville, FL 32601

Two mid-century modern buildings with parking, near downtown and Duckpond.

Days on Market101

Property Features for 521 NE 1ST St

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1995
Listing Agency: BRASS & HAYNIE INC.
Listed By: Lisa Valanzola · License #3520823
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 2 at 12:53PM

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 BRASS & HAYNIE INC.

Investment Insights

Based on property information with market context.

This property features two buildings and a parking lot. Constructed in a mid-century modern style, one building is currently occupied by an environmental engineering firm, while the other is occupied by the owner. The location offers convenient walking distance to downtown and the Duckpond neighborhood. The property has a bike score of 98, indicating it is a biker's paradise, and a walk score of 92, signifying it is a walker's paradise. The intended use of the property is for commercial purposes.

Key Highlights

  • Excellent walkability with a Walk Score of 92 to downtown and the Duckpond neighborhood.
  • Prime location with a Biker's Paradise score of 98.
  • Two buildings included in the property.

Property Analytics

Current Use

Midwives Cooperative Midwife

Suggested Use

Top Pick HVAC Service Electrical Service Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Storage Facility

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

2,219
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

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 - Two mid-century modern buildings with parking, near downtown and Duckpond.
Where is this office building located?
The property is located at 521 NE 1ST St Gainesville, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Excellent walkability with a Walk Score of 92 to downtown and the Duckpond neighborhood.; Prime location with a Biker's Paradise score of 98.; Two buildings included in the property.
More about this property
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