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Historic Newberry Cold Storage Building
For Sale
$230,000

98 254th Street, Newberry, FL 32669

1923 building in Newberry, endless possibilities for development.

Property Size1,882 SF
Price / SF$122.21
Days on Market169

Property Features for 98 254th Street

General Information

Standard status Active
Size 1,882 SF
Property subtype Retail

Taxes and HOA fees

Annual Taxes $683

Amenities

3
Corner Lot.
Central Business District, Corner.

Building Details

Year Built 1923
Listing Agency: UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY
Listed By: Niki Thomas-Schnyder · License #3546353
Source: Xome
Added: Mar 7 Changed: Aug 23 Last Checked: Aug 23 at 6:40AM

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 UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY

Investment Insights

Based on property information with market context.

The Newberry Cold Storage Building, dating back to 1923, presents a for-sale opportunity with potential for redevelopment. Located on a corner lot next to the new city hall, the property benefits from ample parking and high visibility. Water, sewer, and electric utilities are stubbed. Architectural renderings and drawings are available from the seller. The location is near SR 26, the main thoroughfare connecting surrounding towns and cities. Newberry is situated west of Gainesville, 12 miles from I-75, 25 miles from the Gainesville Regional Airport, and 16 miles from the University of Florida. The property could be suitable for a restaurant, wine bar, speak easy, bakery, or meat market. Newberry is experiencing rapid growth and is home to multiple sports venues, the Alachua County Agriculture & Equestrian Center/Arena, and the new Alachua County Fairgrounds. A 2023 survey is available.

Key Highlights

  • Excellent location on a corner lot next to the new city hall with ample parking.
  • Endless possibilities for use, including restaurant, wine bar, or retail, in a rapidly growing area.
  • Seller provides existing architectural renderings/drawings and a 2023 survey.

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Plumbing Service Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

291
Businesses Nearby

Demographics for 32669, FL

15,890
Population
7,054
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
98%
High-School Grad
98.6 sq mi
ZIP Area
161
Density / Sq Mi
$102,335
Median Household Income
$56,150
Median Earnings
$1,657
Median Rent
$308,000
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - 1923 building in Newberry, endless possibilities for development.
Where is this specialty property located?
The property is located at 98 254th Street Newberry, FL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Excellent location on a corner lot next to the new city hall with ample parking.; Endless possibilities for use, including restaurant, wine bar, or retail, in a rapidly growing area.; Seller provides existing architectural renderings/drawings and a 2023 survey.
More about this property
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