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Multi Family - J B BAILEY ESTATE for Sale

509 NW 10TH, GAINESVILLE, FL 32601

Asking Price$450,000

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  • Days on market:

    76 day(s)
  • Original Price:

    $450,000
  • Price per sqft:

    $74.64
  • Tax Legal Description:

    J B BAILEY ESTATE DB K-203 JENKINS S/D OF N1/2 OF LOT 11 E 32.2 FT OF LOT 2 & W 52.8 FT OF LOT 3 OR 1688/99
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Construction Type:

    BlockConcrete
  • Cooling Description:

    Other
  • Special Listing Conditions:

    None

Description

$450,000 • living size area 6029 sqft

Prime mixed-use opportunity near downtown gainesville! unlock the potential of this versatile 6,029 sq ft mixed-use property located just minutes from downtown gainesville at 509 nw 10th ave. priced at $450,000, this well-positioned asset offers exceptional value for investors, developers, or owner-users looking to capitalize on gainesville’s growing commercial and residential demand. situated on a prominent corner lot, this spacious structure offers a flexible layout suitable for a variety of uses—retail, office, service-based business, studio, live-work space, or redevelopment into multi-unit housing (subject to zoning). the property benefits from high visibility, easy access to major thoroughfares, and close proximity to the university of florida, located just 1.2 miles away—a quick 5-minute drive or 10-minute bike ride. key features: 6,029 sf of interior space mixed-use zoning allows for residential, commercial, or both located less than 1 mile from downtown gainesville only 1.2 miles to the university of florida ideal for investors, entrepreneurs, or community-focused development ample space for parking, storage, or future expansion (verify with city) with strong traffic counts and increasing demand in the area, this property presents a unique opportunity to establish or expand your presence in a dynamic and fast-growing corridor of gainesville. don’t miss this chance to invest in gainesville’s future—schedule your private showing today!

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