1222 University Ave, Gainesville, FL 32601
- Retail properties & Spaces
- 4,091 SF
- 0.24 lot acres
Current Use by Public Records
- Bagels & Noodles / Restaurant
Property Details for 1222 University Ave
- Year built
- 1962
- Lot size
- 0.24 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional commercial property, a two-story, 4,091 square foot building on 0.24 acres, presents a unique investment opportunity in Gainesville, Florida. Located directly across from the University of Florida, this Class A building boasts a prime location with high visibility and significant foot traffic—over 19,800 cars pass daily, and over 10,000 residents live within a one-mile radius. The property's proximity to major landmarks like Publix and a Holiday Inn further enhances its appeal. Currently operating as "Bagels & Noodles," a well-established restaurant, this turnkey operation includes all furniture, fixtures, and equipment, including two commercial hoods and numerous freezers and coolers, allowing for immediate operation. The zoning (U9) permits versatile use, making it ideal for a restaurant, café, bar, or retail space. The seller offers the option to acquire the "Bagels & Noodles" brand, recipes, and intellectual property. Built in 1962, this property benefits from recent development in the area, including new high-rises and student housing, ensuring a growing customer base. The acquisition fee is $110,000, with a monthly gross rent of $6,659. This is a rare chance to own a thriving business in a high-demand location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Alachua
- State
- Florida
- Longitude
- -82.3378
- Latitude
- 29.6523
