Hawthorne Center 2286-2308 SE Hawthorne Rd 50,747 SF Retail Building Gainesville, FL 32641 $7,463,500 CAD ($147.07 CAD/SF)

Value add investors and developers, this is one of the largest infill redevelopment opportunities currently available in the city of Gainesville. This offering represents a unique redevelopment opportunity. The property consists of an existing 47,700 square foot retail shopping center situated on just over 9 acres. Not only is the shopping center primed for re-tenanting, the parcel's zoning permits for the construction of 500+ residential apartments creating a mixed use opportunity. Low per unit land cost for a site of this size equates to approximately $25,000 per residential unit assuming full multifamily build out under the existing zoning.
The U8 zoning supports a mix of uses including residential, commercial, retail, office development, indoor storage facility, and a grocery store for endless possibilities of long term income production.
Scale plus zoning flexibility, this property is a redevelopment canvas. Significant land area supports development. Existing parking and infrastructure already in place. City officials are highly motivated to see the site revitalized.