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.
| MLS#: | GC530530 |
| Price: | $3,750,000 |
| Square Footage: | 7371 |
| Price / Square Foot: | $508.75 |
| Acreage: | 0.72 |
| Property Type: | Commercial |
| Year Built: | 1940 |
| HVAC: | Central Air |
| Virtual Tour: | Click here |
| Listing Courtesy Of: | GARRETT REALTY - 386-931-4557 |
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