118 8th Ave Gainesville, FL 32601-2326
- Warehouses
- 22,610 SF
- 0.95 lot acres
Oct 29, 2021
Current Use by Public Records
- UPS Access Point location / Shipping And Mailing Service / Mailing Service
- Alliance Towing & Roadside SVS / Towing Service
- White Auto Parts / Auto Parts Store
Property Details for 118 8th Ave
- Year built
- 1957
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.95 lot acres
- Property size
- 22,610 SF
- Zone code
- U8
- Property type
- Warehouses
- APN
- 10036-000-000
- APU
- 10036000000
Description
This exceptional 28,000-square-foot flex space property, formerly an Advance Auto Parts, presents a unique opportunity in Gainesville, Florida. Situated on a one-acre lot at 118 NW 8th Ave, this single-story, Class B building boasts 14-foot ceilings and offers significant flexibility for diverse business needs. The property features two suites, each approximately 14,000 square feet, with a minimum divisible space of 3,000 square feet. Currently, one unit has 4,000 square feet of restaurant space available. The second unit, a former office furniture store, offers approximately 4,000 square feet of showroom space and 9,000 square feet of warehouse space, ready for immediate occupancy. The warehouse areas include skylights, multiple roll-up doors, and sections with 60-foot clear spans and 16-foot bottom truss heights. The property benefits from 28 parking spaces and four drive-ins. Located in the Grove Street submarket, this highly visible location on NW 6th St, with NW 4th Ave as a cross street, enjoys a prominent frontage and benefits from high traffic counts (17,200 ADT in 2019). The U8 zoning allows for a wide range of uses, including flex space, office, retail, distribution, and more. Its proximity to downtown Gainesville, the University of Florida, and the Santa Fe College expansion makes it an exceptionally desirable location. The surrounding area is experiencing significant growth, with nearby amenities including restaurants, breweries, and entertainment venues. This property is available for lease.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $595,000
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Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Alachua
- State
- Florida
- Longitude
- -82.3262
- Latitude
- 29.6596
- CBSA code
- 23540
- CBSA name
- GAINESVILLE, FL METROPOLITAN STATISTICAL AREA