$3,750,000
Active · 125 days on market · MLS# MFRGC530530
| Living area | 7,371 sq ft |
|---|---|
| Lot size | 0.72 acres |
| Year built | 1940 |
| Property type | Restaurant |
| Waterfront | Yes |
| Annual taxes | $10,579 |
| County | Alachua |
Rare Development Opportunity at the Corner of NW 23rd Avenue & 6th Street. Unlock the potential of one of Gainesville’s most coveted corners. Situated on the high-visibility intersection of NW 23rd Avenue and NW 6th Street, this U-6 zoned property offers a rare chance to develop up to 36 total units in a prime, centrally located area with heavy traffic and excellent accessibility. The property currently features a 2,160 sq. ft. restaurant building along with a 4,850 sq. ft. commercial structure, both in need of repair but ripe with income-producing potential through lease or redevelopment. The flexible U-6 zoning supports a wide range of commercial and multifamily uses, making this site ideal for investors, developers, or owner-operators looking to capitalize on Gainesville’s growth. Whether you're envisioning a multi-unit residential project, development, or a revitalized commercial space, this location offers the visibility, zoning, and opportunity to bring your vision to life. Opportunities like this in the heart of Gainesville don't come often.
Listing courtesy of Katie Garrett, GARRETT REALTY. Presented by MC Homes Realty Inc · 727432218.