For Sale
$850,000

1529 Main StGainesville, FL 32601

Mixed-use warehouse, great location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This 4,650 square foot warehouse, built in 1965, is situated on a 1.01-acre lot at 1529 S Main St, Gainesville, FL 32601. Currently operating under a modified net lease with a corporate guarantee, the property boasts 100% occupancy with an established tenant in place until 2025. The asking price is $850,000, representing a price per square foot of $182.80 and a 5.29% cap rate. The property generates a net operating income (NOI) of $45,000 annually. Zoned for light industrial use, this versatile space is ideal for a variety of businesses, including breweries, manufacturing, restaurants, or medical facilities. Its prime location offers high visibility with 10,900 AADT, and is within walking distance of Depot Park and a 5-minute drive from Archer and Highway 441. The property benefits from its proximity to the University of Florida, student housing, and UF Health/Shands Hospital, providing excellent access to a large workforce and consumer base. Gainesville's central location offers easy access to Tallahassee, Jacksonville, Orlando, and Tampa, all within a two-hour drive. This is a strong investment opportunity with a stable tenant and significant upside potential.

Highlights

  • Great location, 5-minute drive from Archer Road and Highway 441.
  • Light Industrial zoning allows for diverse uses.
  • High visibility with 10,900 AADT.
  • Central Gainesville location, within two hours of Tallahassee, Jacksonville, Orlando, and Tampa.
  • Close proximity to the University of Florida, student housing, and UF Health/Shands Hospital.

Property Details for 1529 Main St

Property type
Warehouses, Industrial properties
Square Feet
4,650 SF
Year Built
1965
Lot Size (sq. ft)
43,996 SF

Location Insight

City
Gainesville
County
Alachua
State
Florida
Latitude
29.63663471
Longitude
-82.32723742
1529 Main St, Gainesville, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1529 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message