4016 6Th St Gainesville, FL 32609
This exceptional 0.36-acre mixed-use property at 4016 NW 6th Street in Gainesville, Florida, presents a rare commercial opportunity. Boasting a combined frontage exceeding 250 feet and situated on a corner lot with an average daily traffic count of 12,200 vehicles, this location offers unparalleled visibility and accessibility. The property is platted as five separate lots, providing flexibility for various development scenarios. Currently, the site includes a single-family residential building and a retail/store building. The residential building features a newly installed air conditioning system and attractive original hardwood floors, offering immediate occupancy potential or redevelopment possibilities. The retail building is equipped with a walk-in cooler, two additional sets of coolers, and ample shelving, providing a ready-to-use commercial space. A large attached storage area in the retail building could potentially be converted into additional living space or rental units, subject to city code compliance. The MU-1 zoning allows for a wide range of business uses, potentially including drive-thru options, although verification with the City of Gainesville is recommended. The property's versatility allows for continued operation of the existing buildings, renovation and repurposing of existing structures, or complete demolition and redevelopment to maximize the site's potential. This is a unique opportunity to acquire a high-traffic, multi-use property in a prime Gainesville location. The total square footage of the buildings is 4,086 square feet. Contact the City of Gainesville for detailed zoning information and development possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.