Turn-key Downtown Bar/Lounge/Nightclub 22 W University Ave

Investment Highlights

Prominent downtown bar and lounge for sale Located just off the intersection of University Ave and Main Street Street frontage on University Ave 9,000 SF spread over 3 floors Featuring DT Zoning, allowing for most commercial uses and high density multifamily

Executive Summary

This prominent downtown Gainesville bar and lounge is now for sale offered at $1.4M. Located just off the University Ave and Main Street intersection, this 9,000 SF, 3 floor building features the prestigious DT zoning allowing for the majority of Commercial/Business uses, and high density multifamily for any future development.Contact Teresa Callen, Caleb Noble, or Jordan Fennell today for more information.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Storefront Retail/Office Storefront Retail/Office General Retail Bar General Retail Restaurant Storefront Retail/Office
• Building Size    9,000
• Building Class    C
• Year Built/Renovated    1900/1994
• Price    1,400,000
• Price Per SF    156
• Percent Leased    100
• Building Height    3 Stories
• Building FAR    2.07
• Land Acres    0.10 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.