For Lease
$330.60/SF/YR

1222 University AveGainesville, FL 32601

Turnkey Restaurant, High Traffic, UF Area

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial property, a two-story, 4,091 square foot building on 0.24 acres, presents a unique investment opportunity in Gainesville, Florida. Located directly across from the University of Florida, this Class A building boasts a prime location with high visibility and significant foot traffic—over 19,800 cars pass daily, and over 10,000 residents live within a one-mile radius. The property's proximity to major landmarks like Publix and a Holiday Inn further enhances its appeal. Currently operating as "Bagels & Noodles," a well-established restaurant, this turnkey operation includes all furniture, fixtures, and equipment, including two commercial hoods and numerous freezers and coolers, allowing for immediate operation. The zoning (U9) permits versatile use, making it ideal for a restaurant, café, bar, or retail space. The seller offers the option to acquire the "Bagels & Noodles" brand, recipes, and intellectual property. Built in 1962, this property benefits from recent development in the area, including new high-rises and student housing, ensuring a growing customer base. The acquisition fee is $110,000, with a monthly gross rent of $6,659. This is a rare chance to own a thriving business in a high-demand location.

Highlights

  • Turnkey restaurant with fully equipped kitchen, including two commercial hoods and numerous freezers/coolers; furniture and fixtures included.
  • Prime location diagonally across from the University of Florida, ensuring high foot traffic from over 55,000 students.
  • High growth potential with over 19,800 daily car pass-bys and 10,000+ residents within one mile, further enhanced by new developments.
  • Excellent visibility, situated 300 feet from Publix and a Holiday Inn, attracting both local and tourist traffic.
  • Established business with a proven track record and loyal customer base, offering significant growth potential.
  • Opportunity to acquire the Bagels & Noodles brand, recipes, and intellectual property.

Property Details for 1222 University Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
4,091 SF
Class
A
Year Built
1962
Stories
2

Unit(s) available at that property

Space
Size
2,901 SF
Rate per SF
$330.60

Location Insight

City
Gainesville
County
Alachua
State
Florida
Latitude
29.6522747
Longitude
-82.337831
1222 University Ave, Gainesville, Florida

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1222 University Ave
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