$6,000,000

238 W University Avenue

Gainesville FL, 32601

Description

2.51 acres of prime downtown real estate located on West University Ave. Land has been cleared of all buildings. Land use is Urban Mixed High Intensity (UMUH). Zoning Downtown which allows for 12 stories (172 ft) Height is limited to 3 stories along NW 2nd Ave. within 100 ft of the Pleasant Street historic district. Permitted uses: 40 different uses including hotels, apartments, retail, offices, research and development labs as well as personal/business services. Density allowed: 100 units per acre by right, 125 units with special use permit. A parcel of this size in downtown Gainesville is very difficult to find and would probably result from combining several parcels. LOCATED IN OPPORTUNITY ZONE! OWNER FINANCING AVAILABLE. Located 1 block from Santa Fe College Downtown campus currently under construction (86,300 s/f) 100 parking spaces available in nearby parking garage!

Details

MLS#437953
Listing TypeFor Sale
TypeIndustrial
Sub-TypeResale
Status1_0
Days On Site40

Features

SQ Feet1
Story(s)1
ZoningUMU-2

Market Activity 32601

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Area Information
StateFL
CountyAlachua
CityGainesville
Zip Code32601
AreaAlachua
Listing VS Median (in 32601)
Price:
$6,000,000
low | high
Med:
$68,500
100% of Average
SqFt:
1
low | high
Med:
0
100% of Average
$ / SqFt:
$6,000,000
low | high
Med:
$0
100% of Average
On Site:
40
low | high
Med:
123
32.520325203252% of Average
Listing Updated: 10/23/2020
Listing Provided By: Gregory Johnson of Coldwell Banker M.M. Parrish Realtors
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