Property profile

619 NE 1St St Gainesville, FL 32601

FOR SALE
Other specialty properties
Property ID
US18-1893575
2,658 SF
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Property summary

AI-generated overview

A historic church building constructed in the early 1900s, located in the downtown Gainesville/Duckpond area. The property totals approximately 2,658 square feet and retains original interior wood floors, ceilings, and trim. The main assembly area is configured for gatherings such as events, business meetings, music performances, and art shows, and it is also set up for continued use as a church. The building includes a small kitchen, two bathrooms in the main area (one designated for men and one for women), and an additional full bathroom with a shower. An additional separate living space includes its own bathroom and an exterior entry, providing potential for on-site quarters for an event host or owner.

Property profile

Verified
Property type Other specialty properties
Total area 2,658 SF
UPID US18-1893575

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church

Location

619 NE 1St St Gainesville, FL 32601
Gainesville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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