1 1st Ave Gainesville, FL 32601-6240
This charming, two-story, 8,320-square-foot office building in Gainesville, Florida, presents a unique opportunity. Located at the prominent corner of SE 1st Avenue and Main Street, less than a mile from the University of Florida, this Class B property boasts exceptional visibility. Originally serving as a law office, the building offers flexible suite sizes ranging from 1,800 to 8,320 square feet, adaptable to various business needs. Amenities include a spacious lobby, large conference/meeting rooms, restrooms, and numerous private offices. The 0.1-acre lot is zoned DT (Downtown) and the building, constructed in 1900, offers a blend of historic charm and modern functionality. The single-tenant space is ideal for businesses seeking a prominent downtown Gainesville location. This is a rare chance to establish or relocate your business in a highly visible and accessible location within Gainesville's vibrant downtown district. The building's versatile layout caters to a variety of office uses, including traditional office, executive office, coworking, medical office, and creative office spaces.
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Scruggs & Carmichael, P.A.: Kevin D Jurecko, Esq Law Firm Child Welfare Organization
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Martin Elizabeth A Law Firm
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Stinson John G Law Firm
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Scruggs & Carmichael, P.A.: Virginia E Griffis, Esq Law Firm
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Appliance Repair Geeks Home Appliance Store
Within the DT district, any surface parking areas abutting a public street or urban walkway shall be screened from street view by a masonry garden wall with a height between three and five feet. In the other T-zones, the parking lot may be screened in accordance with the perimeter parking landscaping standards per article VII. 5. A minimum of ten percent of…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
DT · Gainesville, FLWithin the DT district, any surface parking areas abutting a public street or urban walkway shall be screened from street view by a masonry garden wall with a height between three and five feet. In the other T-zones, the parking lot may be screened in accordance with the perimeter parking landscaping standards per article VII. 5. A minimum of ten percent of the provided bicycle parking shall be located between the building and the street. Figure V-11: Parking Access from Alley C. Design of parking structures. 1. Parking structures located along Storefront streets shall be concealed by liner buildings, which may be attached or detached from the parking structure (see Figure V-13). The liner building shall have a minimum of two stories and a minimum height of 30 feet and a minimum depth of 25 feet along the entire length of the parking structure. Figure V-13: Parking Structures on Storefront Streets 2. Parking structures located along Principal streets shall be required to provide ground floor commercial or office space along the street frontage (see Figure V-14). Figure V-14: Parking Structures on Principal Streets 3. On all other streets, any structured parking that is not concealed behind a liner building or ground floor commercial or office space shall have decorative screening walls, perimeter parking landscaping per Article VII, or a combination thereof to screen ground floor parking (see Figure V-15). Figure V-15: Parking Structures on Other Streets 4. Parking structures shall meet setback, height, and façade articulation standards applicable to the transect, but are exempt from the minimum floor-to-ceiling height requirement and the building frontage zone requirement. (Ord. No. 170974 , § 7, 2-21-19)
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.