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118 NW 8th Ave
Gainesville, FL 32601
Retail Building for Sale · Retail Property For Sale
Investment Highlights
- 28,907 SF building with 3 units
- 2 strong long-term tenants
- NW 8th Avenue frontage
- 75% occupancy
- 1 vacant space available (4,080 SF)
Executive Summary
Located at 118 Northwest 8th Avenue, this retail property offers a versatile canvas for a discerning investor. The building features flexible interiors that accommodate a
range of merchandising and service tenants while showcasing a street presence tailored to attract steady pedestrian interest. Thoughtfully configured customer circulation enhances operational efficiency and supports a strong tenant experience. Robust loading and storage provisions simplify daily logistics and back-of-house operations. The property also benefits from a durable façade, ample natural light, and easily maintained finishes that emphasize longevity and minimize downtime between occupants. This property invites a retail operator seeking a high-potential investment opportunity.
range of merchandising and service tenants while showcasing a street presence tailored to attract steady pedestrian interest. Thoughtfully configured customer circulation enhances operational efficiency and supports a strong tenant experience. Robust loading and storage provisions simplify daily logistics and back-of-house operations. The property also benefits from a durable façade, ample natural light, and easily maintained finishes that emphasize longevity and minimize downtime between occupants. This property invites a retail operator seeking a high-potential investment opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
29,414 SF
Building Class
C
Year Built
1957
Price
$5,143,999 CAD
Price Per SF
$174.88 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.71
Lot Size
0.95 AC
Zoning
U8
Parking
16 Spaces (0.55 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 10036-000-000 | Improvements Assessment | $1,047,359 CAD |
| Land Assessment | $690,386 CAD | Total Assessment | $1,737,744 CAD |
Property Taxes
Parcel Number
10036-000-000
Land Assessment
$690,386 CAD
Improvements Assessment
$1,047,359 CAD
Total Assessment
$1,737,744 CAD
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