708 E UNIVERSITY AVENUE
Gainesville, FL 32601

$549,000

Stunning Victorian has the ability to function as a live-work space for a small business AND it also includes an attached dwelling unit with immediate income potential! The U4 zoning permits uses that includes office space, yoga/wellness studio, B&B or art gallery! It could also function as a restaurant with a special use permit. The main house includes two ground-floor rooms with highly decorative fireplace mantels. The dining and kitchen area features a beautiful, repurposed bank-teller counter and fabulous wood and glass folding doors connecting the two spaces. The ornate woodwork inside and out includes oversized baseboards, detailed trim work, gorgeous wood floors and a magnificently carved banister. Each doorway leading outside connects to a covered porch. The wrap-around back porch leads to an attached one-bedroom, one-bath apartment that is perfect for rental income and a separate building that was once the original kitchen. The second story in the main house has three large bedrooms with fireplaces and one of the rooms has built-in cabinetry. Originally a single-family home, it is completely functional as one today and, if additional downstairs rooms are preferred, the 528 square foot attached dwelling could easily be reconnected. The roof was updated in December 2021 and there is an updated HVAC from 2016. The brick-paved parking areas can be maintained or fenced to provide more privacy. The ideal Duckpond location allows easy access to downtown Gainesville, the University of Florida campus and Depot Park!

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