436 2Nd StGainesville, FL 32601

Property Details for 436 2Nd St

Year built

1940

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.39 AC

Property size (Sq ft)

1,312 SF

Zone code

DT

Property type

Turn key restaurants

APN

12862-000-000

APU

12862000000

Description

This exceptional 1,312 square foot restaurant space, previously home to the popular "Daily Green," presents a fantastic opportunity in the heart of Gainesville, Florida. Located just two blocks from the downtown center and within the Entertainment District, this single-tenant property enjoys high visibility and convenient access. Built in 1940 and renovated in 1994, the building features a fully equipped kitchen with a hood system, ample parking, and a charming outdoor seating area with a garden. The property includes a drive-thru window with excellent ingress and egress, making it ideal for quick-service restaurants or similar businesses. The zoning is DT, and the property is situated less than a mile from the University of Florida, ensuring a large potential customer base. The property features one building, one story, and offers a total number of parking spaces. The APN is 12862-000-000. This is a single-tenant retail space, perfect for a variety of food service concepts. The address is 436 SE 2nd St, Gainesville, FL 32601.

• CAP approach

  CAP return

  Valuation

  6%

  $416,490

  6.5%

  $384,452

  7%

  $356,991

• Comparable approach

  Method

  Valuation

  Relative Method

  $224,857

  Geo Method

  $224,857

• Alternative Use

  Use

  Valuation

  Residential

  $324,300

  Hospitality

  $297,057

  Educational

  $247,148

  Medical

  $255,648

  Retail

  $384,452

Location Insight

City

Gainesville

County

Alachua

State

Florida

Latitude

29.6473

Longitude

-82.3234

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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