22 University Ave Gainesville, FL 32601
This exceptional three-story commercial property, located at 22 W University Ave in Gainesville, Florida, presents a unique investment opportunity. Boasting 9,000 square feet of space, this established bar and lounge is offered at $1,400,000 ($155.56/sq ft). Situated just off the intersection of University Avenue and Main Street, the property benefits from high visibility and foot traffic. Built in 1900 and renovated in 1994, the building features prestigious DT zoning, allowing for a wide range of commercial uses and high-density multifamily development, should the buyer choose to pursue such options. The property's prime location, substantial square footage, and flexible zoning make it an ideal investment for both owner-users and developers seeking a high-return opportunity in the heart of Gainesville. The Alachua County property (APN: 14650-000-000) offers significant street frontage on University Avenue, ensuring maximum exposure. This single-tenancy building presents a rare chance to acquire a well-established business in a vibrant downtown area. The property's history and current configuration provide a solid foundation for continued success or future redevelopment. This is a turnkey opportunity in a thriving market.
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The Lab Bar & Latin Nightclub & Billiards Nightclub DJ & Entertainment
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.