Signalized Corner Owner-User & U7 Redevelopment Opportunity
For sale1106 SE 4th Ave, Gainesville, FL 32641
Property type
Land
Price
$325,000
Building size
Year built
1964
Year renovated
Property class
C
Occupancy
Zoning code
Lot size
0.30 Acres
Property description
Franklin Street is pleased to present 1106 SE 4th Avenue, an owner-user and redevelopment opportunity located at the signalized intersection of SE 11th Street/SR 331 and SE 4th Avenue in Gainesville, Florida. The ±0.30-acre property features an existing commercial/service building, prominent corner exposure and frontage along two roadways. The site benefits from approximately 23,000 vehicles per day on SE 11th Street/SR 331 and 2,300 vehicles per day on SE 4th Avenue. Located approximately one mile east of Downtown Gainesville, the property provides convenient access to East University Avenue, the University of Florida, Gainesville Regional Airport and the area’s primary transportation corridors. U7 – Urban 7 zoning supports a broad mix of commercial, service and residential uses, positioning the property for continued owner occupancy, adaptive reuse or future redevelopment. The City of Gainesville classifies U7 within its Urban Mixed-Use category, and the zoning framework permits uses such as retail, restaurants, offices, medical and dental services, personal services, multifamily residential, vehicle service and vehicle repair, subject to applicable standards and approvals.
Property highlights
- Offered at $325,000
- ±0.30 acres / ±13,068 square feet
- Existing commercial/service building
- Signalized corner at SE 11th Street/SR 331 and SE 4th Avenue
- Approximately 23,000 AADT along SE 11th Street/SR 331
- Approximately 2,300 AADT along SE 4th Avenue
- High-visibility corner exposure with frontage along two roadways
- Flexible U7 – Urban 7 zoning
- Owner-user, adaptive-reuse or redevelopment opportunity
- Approximately one mile east of Downtown Gainesville
- Convenient access to East University Avenue, the University of Florida and Gainesville Regional Airport
- Infill location within an established Gainesville neighborhood
- Offered at approximately $24.87 per land square foot