618 Nw 60th Street, Gainesville, FL 32607
- $4,900,000
- 23,674
- SqFt
- List Price
- $4,900,000
- Status
- Pending
- Days on Market
- 140
- Price Change
- ▼ $200,000 1779299406
- MLS#
- GC537245
- Property Style
- Retail
- Year Built
- 1996
- Living Area
- 23,674
- Lot Size
- 98,881
- Acres
- 2.27
- Total Acreage
- 2 to less than 5
- Legal Subdivision Name
- N/A
- Development Name
- Illuminations
- MLS Area Major
- Gainesville
Property Description
Under contract-accepting backup offers. Income-producing retail investment located at 618 NW 60th St in Gainesville, Florida. This established, fully leased shopping center is positioned just off Newberry Road, located behind McDonald’s and adjacent to Hobby Lobby, in close proximity to Oaks Mall and the University of Florida. The property benefits from strong traffic counts, excellent surrounding retail, and a highly desirable Northwest Gainesville location. The center features a stable and diversified rent roll with long-standing national and regional tenants including McAlister’s Deli, The HoneyBaked Ham Company, Blackadder Brewing Company, Painting with a Twist, and additional service and food-related users. Tenant longevity and brand recognition contribute to consistent income performance and reduced vacancy risk. Situated on approximately 2.27 acres, the property totals approximately 23,364 square feet of retail space and is 100% occupied at the time of listing. The location offers convenient access to I-75 and is surrounded by major employment drivers and demand generators including North Florida Regional Medical Center, BJ’s Restaurant, Oaks Mall, and numerous retail, dining, and service establishments. This offering presents an opportunity to acquire a stabilized retail asset with in-place cash flow in a strong Gainesville submarket. Well-suited for investors seeking reliable income, long-term tenant stability, and exposure to a high-demand commercial corridor.
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Additional Information
- Taxes Annual
- $74977
- Location
- Central Business District, Landscaped, Near Public Transit, Shopping Center, Sidewalk, Street Lights, Paved
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- BUS
- Floor
- Ceramic Tile, Luxury Vinyl, Tile, Vinyl
- Utilities
- BB/HS Internet Capable, Public, Underground Utilities, Water Connected
- Heating
- Central, Heat Pump
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Concrete, Stucco
- Roof
- Built-Up
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Common, Ground Level, Over 30 Spaces
- Flood Zone Code
- X
- Parcel ID
- 06655-002-009
- Legal Description
- COM NE COR SEC S 49.55 FT TO S R/W LINE SR-26 W ALG R/W 288.50 FT S 291.38 FT SLY ALG CURVE 37.67 FT S 5 DEG E 108.61 FT TO POB CONT S 5 DEG E 165.90 FT W 311.56 FT N 165 FT E 294.56 TO POB ALSO COM NE COR SEC S 49.55 FT W 288.50 FT S 267 FT POB S 24 .38 FT SLY ALG CURVE 37.65 FT S 5 DEG E 108.61 FT W 294.56 FT N 170 FT E 281.50 FT POB OR 4160/0950
Listing courtesy of FIRST CHOICE REALTY OF NORTH FLORIDA LLC. 352-514-9508
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