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    120 23Rd Ave Gainesville, FL 32609

    Sponsored
    For Lease
    Contact for pricing

    Prime Gainesville location, 4750 sq ft retail space, two stories.

    Lot size:
    4,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,750 square foot commercial property is situated at 120 NW 23rd Ave in Gainesville, Florida, within Alachua County (zip code 32609). The property is a single-tenant building, categorized as retail and restaurant space, offering a versatile layout ideal for a variety of uses. The building encompasses two stories, with the entire 4,750 square feet currently vacant and available for lease. The property's zoning allows for many service retail options. While the provided marketing description mentions features like a built-in bar and kitchen, these are not confirmed and should be verified independently. The building's location on NW 23rd Avenue offers high visibility and accessibility, making it an attractive opportunity for businesses seeking a prominent Gainesville presence. The property's size and layout provide ample space for a variety of retail or restaurant concepts. Further due diligence is recommended to confirm all aspects of the property and its suitability for intended use. Interested parties should conduct their own inspections and verify all information independently.

    Property Features for 120 23Rd Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,750 SF

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,750 SF

    HighLights

    • 4,750 SF retail/restaurant building available for lease at 120 NW 23rd Ave, Gainesville, FL 32609.
    • Two‑story, single‑tenant building currently vacant.
    • High‑visibility location on NW 23rd Ave offers excellent accessibility.
    • Zoned for various service retail uses.
    • Building features (bar, kitchen) require independent verification.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -122.69840543
    Latitude
    45.524132

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    FAQs

    What type of property is this?
    Restaurant - Prime Gainesville location, 4750 sq ft retail space, two stories.
    Where is this restaurant located?
    The property is located at 120 23Rd Ave Gainesville, FL.
    What are key features of this property?
    This property features: 4,750 SF retail/restaurant building available for lease at 120 NW 23rd Ave, Gainesville, FL 32609.; Two-story, single-tenant building currently vacant.; High-visibility location on NW 23rd Ave offers excellent accessibility.
    Request Owner's contact information
    120 23Rd Ave Gainesville, FL 32609
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    Gainesville, FL 32609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 23Rd Ave Gainesville, FL 32609
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