16 Main St Gainesville, FL 32601-6215
This charming, 1,968 sq ft, second-story office suite in Downtown Gainesville offers a unique blend of historic character and modern amenities. Recently renovated in 2022, the space boasts six private offices, updated electric, plumbing, HVAC, and roof. Ideally situated in Gainesville's governmental and legal district, it's within walking distance of City Hall, the County Administration Building, Courthouse, Federal Courthouse, and County Library. Enjoy the convenience of nearby restaurants and businesses. The building features a new, attractive exterior design currently under construction. A new first-floor storefront is also planned. The total building size is 3,049 sq ft, a Class B property with one, two-story building. Additional rent, including CAM, prorated property taxes, and insurance, is $5.00 per square foot (plus sales tax) for the first year. Utilities (electricity, water, sewer) are tenant responsibility (allocation to be negotiated). Tenant will also be responsible for trash/recycling. Parking is available nearby. The property's APN is 14613-000-000 and is zoned DT. The cross street is 1st Street.
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 2022Comparables
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.
