For Sale
$4,999,500

626 13Th StGainesville, FL 32601

High-yield multifamily & retail complex near UF.

Overview

Added:
Dec 11, 2024
Days on market:
114
This Gainesville, FL property at 626 NW 13th St offers a compelling investment opportunity. Situated on a 0.59-acre lot, this mixed-use complex boasts a total of 5,280 square feet and was built in 1983. The property currently comprises a 3,218 square foot commercial building, a single-family house, and a duplex, all generating income from existing tenants. This presents a strong cash flow potential for investors. Its prime location, within six blocks of the University of Florida, makes it an attractive proposition for both short-term income and long-term appreciation. The property's zoning and size offer significant redevelopment potential for a larger mixed-use or multi-family project, catering to the high demand for housing and commercial space near the university. The asking price is $4,999,500. This is a rare chance to acquire a well-located, income-producing asset with substantial upside potential in a thriving Florida market. The property is classified as Retail, Multifamily, and Mixed Use, offering flexibility and diverse income streams. Alachua County location and 32601 zip code.

Highlights

  • $4,999,500 asking price.
  • Mixed-use property (Retail, Multifamily) with 5,280 square feet.
  • Apartment building subtype; includes commercial space.
  • Located at 626 NW 13th St, Gainesville, FL 32601, on a 0.59-acre lot.
  • Built in 1983.
  • Six blocks from the University of Florida, offering redevelopment potential.

Property Details for 626 13Th St

Property type
Retail properties, Mixed-use properties
Square Feet
5,280 SF
Year Built
1983
Lot Size (sq. ft)
25,700 SF

Location Insight

City
Gainesville
County
Alachua
State
Florida
Latitude
29.6571612
Longitude
-82.3395513
626 13Th St, Gainesville, Florida

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626 13Th St
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