New Construction - Seller Financing
238 W University AVENUE Gainesville, FL
$ 7,500,000
Property Attributes
  • MLS#GC437953
  • TypeCommercial
  • CountyALACHUA
  • CityGainesville
  • AreaGainesville
  • Zip32601
  • StyleMixed Use
  • Year Built2022
  • Taxes$ 22125
  • Price$ 7,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1
  • Lot Size2.51 Acres
Listing Provided Courtesy Of:
Data Source:
Stellar MLS
Property Description

2.51 acres of prime downtown real estate located on West University Ave. Land has been cleared of all buildings. Land use is Urban Mixed High Intensity (UMUH). Zoning Downtown which allows for 12 stories (172 ft) Height is limited to 3 stories along NW 2nd Ave. within 100 ft of the Pleasant Street historic district. Permitted uses: 40 different uses including hotels, apartments, retail, offices, research and development labs as well as personal/business services. Density allowed: 100 units per acre by right, 125 units with special use permit. A parcel of this size in downtown Gainesville is very difficult to find and would probably result from combining several parcels. LOCATED IN OPPORTUNITY ZONE! OWNER FINANCING AVAILABLE. Located 1 block from Santa Fe College Downtown campus currently under construction (86,300 s/f) 100 parking spaces available in nearby parking garage!

Price History
10/5/2021 Listed $6,000,000

General Features

Association Y/N No
Availability Date 2020-09-14
Building Area Units Square Feet
Business Name land with no buildings
City Gainesville
County Alachua
Days on Market 423
Directions Located at the corner of West University Avenue and NW 3rd Street. Approximately 10 blocks east of the University of Florida campus in the downtown district.
Leasable Area 1
MLS Area 32601 - Gainesville
Occupant Type Vacant
Property SubType Mixed Use
Property Type Commercial Sale
Standard Status Active
Status Active
Street Name University
Tax Annual Amount 22125
Tax Year 2018
Year Built 2022
Zoning UMU-2

Interior Features

Living Area 1
Living Area Units Square Feet
Livingareasource Owner
Street Suffix AVENUE

Exterior Features

Building Area Total 1
Lot Size Acres 2.51


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 32601

AVG $2.11M
AVG $10,673
AVG 110
Year Built
AVG 1963
AVG 84
Data Provided by Walkscore ® not using MLS data

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