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Retail Space with Signage
For Lease
$24,600

704 W UNIVERSITY AVE, Gainesville, FL 32601

The space combines street exposure with parking and signage, within blocks of the University of Florida and downtown Gainesville.

Space SizeContact for details
Property Size1,230 SF
Days on Market331

Property Features for 704 W UNIVERSITY AVE

General Information

Standard status Active
Size 1,230 SF
Property subtype Retail

Site & Location

Neighborhood Fifth Ave

Additional Details

Space Use Retail

Taxes and HOA fees

Annual Taxes $13,531

Building Details

Building Size 1,230 SF
Year Built 1962
Listing Agency: COLDWELL BANKER M.M. PARRISH REALTORS
Listed By: Craig Carter · License #3346602
Source: Aristarealty
Added: Dec 9, 2025 Changed: Nov 2 Last Checked: Nov 3 at 5:54AM

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

Rey
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Investment Insights

Based on property information with market context.

This 1,230-square-foot retail space was built in 1962 and includes signage. The property has frontage on West University Avenue, with parking available for visitors.

The space is located within blocks of the University of Florida and downtown Gainesville, placing it near both destinations.

Key Highlights

  • 1,230 square feet of retail space
  • Frontage along West University Avenue
  • Parking and signage available

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Locksmith Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility 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

Location Intelligence

Trade Area within ½ mile

2,859
Businesses Nearby
152k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Groceries 34% Shops & Services 14% Electronics 1%
Publix Groceries
52,406 visits/mo 0.4 miles
McDonald's Dining
28,636 visits/mo 0.3 miles
Krispy Kreme Doughnuts Dining
22,825 visits/mo 0.5 miles
Checkers Dining
11,606 visits/mo 0.1 miles
Chevron Shops & Services
8,930 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Gainesville, FL

$37.62 /SF/Yr
Avg Asking Price
$10.9–$203 /SF/Yr
Price Range
5,996 SF
Avg Space Size

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?
Retail space - The space combines street exposure with parking and signage, within blocks of the University of Florida and downtown Gainesville.
Where is this retail space located?
The property is located at 704 W UNIVERSITY AVE Gainesville, FL.
What is the lease rate?
The lease rate is $24,600.
What are key features of this property?
This property features: 1,230 square feet of retail space; Frontage along West University Avenue; Parking and signage available
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