For Sale
$3,750,000

635 13Th St Gainesville, FL 32601

Prime UF location, redevelopment potential, strong NOI.

Overview

Added:
Feb 3
Days on market:
80
This exceptional mixed-use property presents a compelling redevelopment or investment opportunity in Gainesville, Florida. Strategically located on 0.68 acres at 635 NW 13th Street, this property enjoys a highly desirable position within walking distance of the University of Florida campus. The offering encompasses five parcels (14062-002-000, 14054-000-000, 14062-001-000, 14062-003-000, 14062-000-000) totaling 13,203 square feet. The property currently features three buildings with a combined area of 11,826 square feet (8939 + 1242 + 1644 square feet). The current zoning for the front five parcels is U6, while the easternmost parcel is zoned U4. A local engineering professional has suggested that U7 zoning may be achievable. Importantly, the property is currently fully leased, generating a solid net operating income (NOI). Existing long-term leases include redevelopment provisions allowing for lease termination, while remaining spaces are subject to short-term leases, providing flexibility for future plans. This presents a rare chance to acquire one of the last remaining parcels available for redevelopment in the thriving NW 13th Avenue corridor. The property's proximity to UF and its current income stream make it an attractive proposition for both investors and developers seeking a high-growth area.

Property Details for 635 13Th St

Property type
Mixed-use properties
Square Feet
13,203 SF
Year Built
1970
Lot Size (sq. ft)
29,621 SF

Location Insight

City
Gainesville
County
Alachua
State
Florida
Latitude
29.65728
Longitude
-82.33885

FAQs

What type of property is this?
Mixed-use property - Prime UF location, redevelopment potential, strong NOI.
Where is the mixed-use property located?
The property is located at 635 13Th St Gainesville, FL.
What is the asking price?
The asking price for this property is $3,750,000.
How can I contact the broker?
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635 13Th St
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