Listing photo for 238 W University Avenue, Gainesville, FL

238 W University Avenue,

Gainesville, FL

$7,500,000

2.51 Acres

2.51 acres of prime downtown real estate located on West University Ave. Land has been cleared of all buildings. Land use is Urban Mixed High Intensity (UMUH). Zoning Downtown which allows for 12 stories (172 ft) Height is limited to 3 stories along NW 2nd Ave. within 100 ft of the Pleasant Street historic district. Permitted uses: 40 different uses including hotels, apartments, retail, offices, research and development labs as well as personal/business services. Density allowed: 100 units per acre by right, 125 units with special use permit. A parcel of this size in downtown Gainesville is very difficult to find and would probably result from combining several parcels. LOCATED IN OPPORTUNITY ZONE!

Facts & Features
MLS® # 422594
Price $7,500,000
Acres 2.51
Type Commercial
Sub-Type (CRM)Comm/Residential Mix
Status ACTIVE
Community Information
Address 238 W University Avenue
City Gainesville
County Alachua
State FL
Zip Code 32601
Additional Information
Date Listed February 25th, 2019
Days on Market 239
Zoning UMU-2
Short Sale No
RE / Bank Owned No
HOA Fees 0.00
Listing Details
Office Coldwell Banker M.M. Parrish Realtors

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Photo of Jocelyne Grandjean-Brown

Jocelyne Grandjean-Brown

Office: 352-870-9929
Cell: 352-870-9929

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