Restaurant Space with Build-Out
New
For Lease
$20 SF/Yr
706 W UNIVERSITY Avenue, Gainesville, FL 32601
Commercial Lease, GAINESVILLE, FL
Space SizeContact for details
Lot Size0.46 Acres
Days on Market2
Property Features for 706 W UNIVERSITY Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
MU1
Subdivision
BROWNS ADD FLORIDA COURT
Directions
Approx 1 mile From the intersection of University Avenue and NW 6th Street
Standard status
Active
APN
13661-000-000 706
Size
2,430 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BROWN ADDN BK 4 PB A-64 FLORIDA COURT PB A-110 LOTS 2 4 6 LESS R/W OR 175/232 & 234) OR 1987/0387
Tax Annual Amount
13531
Legal Description
BROWN ADDN BK 4 PB A-64 FLORIDA COURT PB A-110 LOTS 2 4 6 LESS R/W OR 175/232 & 234) OR 1987/0387
Utilities
Cooling system
Central Air
Building Details
Year built
1962
Building materials
Block
Listing Agency:
COLDWELL BANKER M.M. PARRISH REALTORS · Coldwell Banker Real Estate
(352) 335-4999
Listed By:
Craig Carter · License #3346602
(352) 339-4038
Added: Sep 24
Changed: Sep 25
Last Checked: Sep 25 at 6:06AM
MLS# GC543769
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,430-square-foot restaurant suite is offered in shell condition, allowing a tenant to plan an interior build-out around its needs. Renovations to the building are underway. The block-construction property dates to 1962 and has central air conditioning; zoning is MU1.
The site includes parking and signage, with visibility from West University Avenue. The property is a few blocks from the University of Florida and downtown Gainesville. The space previously operated as a restaurant for decades.
The site includes parking and signage, with visibility from West University Avenue. The property is a few blocks from the University of Florida and downtown Gainesville. The space previously operated as a restaurant for decades.
Key Highlights
- 2,430 square feet of restaurant space
- Shell condition allows for tenant‑specific build‑out
- Building renovations are underway
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,859
Businesses Nearby
152k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Fresh Food Company — 60 Inner Rd, Gainesville, FL 32610
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The 2,430-square-foot interior is a shell ready for tenant-specific improvements, with building renovations underway.
Where is this conventional restaurant located?
The property is located at 706 W UNIVERSITY Avenue Gainesville, FL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 2,430 square feet of restaurant space; Shell condition allows for tenant‑specific build‑out; Building renovations are underway
