Sold
7515 W UNIVERSITY AVE
GAINESVILLE FL, 32607
$2,000,000
$140.04 per sqft
Sold
14,282 sqft
Commercial
Built in 2000
Class A office/retail building located in the heart of growing West Gainesville. This two story professional office has excellent exposure along W University Avenue and the very busy Tower Road/75th Street. Property has quick access to I-75, prominent retailers and medical facilities. Investment activity has remained consistent in Gainesville and professional and business services is a bright spot for the market. Job growth in the sector leading up to the economic downturn had been more than twice the national average. This growth is likely due to the local educational institutions which have propped up educational attainment. The unemployment rate in Gainesville never eclipsed the national rate, and it remains lower than the national index. Property is located in Tower Hill Park, 14,282sf: 7,660sf first floor, 6,622sf second floor, 2,120sf canopy with five drive-through lanes. YB 2000, 1.53 acres, corner lot, Zoned PD, AADT 19,700 cars per day (FDOT 2022), 62 parking spaces, 268' frontage on W. University Ave. and 250' on NW 75th St., former multi-tenant bank building.
OM635081
MLSⓇ ID
March 1, 2022
Listed
March 22, 2024
Updated
Map
7515 W UNIVERSITY AVE
GAINESVILLE FL, 32607
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
1.53 Acres
Other Property Details
Area Name
32607 - Gainesville
Taxes
$40,901
Tax Frequency
Annually
Days on Market
324
Garage
No
View
No
County
Alachua
Municipality
10
Pool
No
Zoning
PD
Buyer Agency Compensation
2.25%
Listed by Randal Buss, with NAI HERITAGE, LLC
Listing Contact: 352-482-0777
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Data last updated 3/22/2024, 7:13 AM UTC
