1420 23Rd AveGainesville, FL 32605

Property Details for 1420 23Rd Ave

Year built

1965

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.14 AC

Property size (Sq ft)

31,677 SF

Zone code

U8

Property type

Retail properties

Property subtype

Outlet malls

APN

09003-002-000

APU

9003002000

Description

This exceptional 31,677± square foot retail property, located at 1420 NW 23rd Ave in Gainesville, Florida (zip code 32605), presents a fantastic opportunity for businesses seeking a prominent location. Previously utilized as a furniture showroom, this single-tenant space boasts a highly visible frontage on NW 23rd Avenue, a major Gainesville thoroughfare. Its strategic position across from Winn-Dixie and Planet Fitness ensures high foot traffic and excellent brand visibility. The property's proximity to the heavily trafficked intersection of NW 23rd Avenue and NW 13th Street further enhances its appeal. The expansive interior features a large, open showroom layout, complemented by offices, a break room, restrooms, and an electrical room. A canopy-covered storefront provides shade while maximizing natural light. Convenient loading facilities include a loading dock with two truck-high bays featuring levelers, a ramp, and a commercial roll-up door. The building offers a 12-foot ceiling clearance and a comprehensive fire suppression system. On-building and monument signage on NW 23rd Avenue provide exceptional advertising opportunities. This property is ideal for a variety of retail uses and offers a unique combination of size, location, and amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $10,055,753

  6.5%

  $9,282,233

  7%

  $8,619,217

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,428,969

  Geo Method

  $5,428,969

• Alternative Use

  Use

  Valuation

  Residential

  $7,829,911

  Hospitality

  $7,172,156

  Educational

  $5,967,150

  Medical

  $6,172,370

  Retail

  $9,282,233

Location Insight

City

Gainesville

County

Alachua

State

Florida

Latitude

29.6746

Longitude

-82.3416

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].