120 23Rd Ave Gainesville, FL 32609
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.
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.