618 NW 60TH STREET at

618 NW 60TH STREET

For sale Days on market 140

$4,900,000

$207/sq ft

$500,000
Price Decreased

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Overview

Year Built

1996

Sqft

23674

Property Type

Retail

Property Description

Under contract-accepting backup offers. Income-producing retail investment located at 618 NW 60th St in Gainesville, Florida. This established, fully leased shopping center is positioned just off Newberry Road, located behind McDonald’s and adjacent to Hobby Lobby, in close proximity to Oaks Mall and the University of Florida. The property benefits from strong traffic counts, excellent surrounding retail, and a highly desirable Northwest Gainesville location. The center features a stable and diversified rent roll with long-standing national and regional tenants including McAlister’s Deli, The HoneyBaked Ham Company, Blackadder Brewing Company, Painting with a Twist, and additional service and food-related users. Tenant longevity and brand recognition contribute to consistent income performance and reduced vacancy risk. Situated on approximately 2.27 acres, the property totals approximately 23,364 square feet of retail space and is 100% occupied at the time of listing. The location offers convenient access to I-75 and is surrounded by major employment drivers and demand generators including North Florida Regional Medical Center, BJ’s Restaurant, Oaks Mall, and numerous retail, dining, and service establishments. This offering presents an opportunity to acquire a stabilized retail asset with in-place cash flow in a strong Gainesville submarket. Well-suited for investors seeking reliable income, long-term tenant stability, and exposure to a high-demand commercial corridor.

Property Details

MLS#

GC537245

Total Floor in Bldg

Address

618 60TH NW

City

Gainesville

State/county

Zip/Postal Code

32607

Area

N/a

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$74,977

Maint Fee

$--

Tax Year

2025

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