626 13Th St Gainesville, FL 32601

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.