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618 60th Street618 60th Street Listing photo id 0 for 618 60th Street Listing photo id 1 for 618 60th Street Listing photo id 2 for 618 60th Street Listing photo id 3 for 618 60th Street Listing photo id 4 for 618 60th Street Listing photo id 5 for 618 60th Street Listing photo id 6 for 618 60th Street Listing photo id 7 for 618 60th Street Listing photo id 8 for 618 60th Street Listing photo id 9 for 618 60th Street Listing photo id 10 for 618 60th Street Listing photo id 11 for 618 60th Street Listing photo id 12 for 618 60th Street Listing photo id 13 for 618 60th Street Listing photo id 14 for 618 60th Street Listing photo id 15 for 618 60th Street Listing photo id 16 for 618 60th Street Listing photo id 17 for 618 60th Street Listing photo id 18 for 618 60th Street Listing photo id 19 for 618 60th Street Listing photo id 20 for 618 60th Street Listing photo id 21 for 618 60th Street Listing photo id 22 for 618 60th Street Listing photo id 23 for 618 60th Street Listing photo id 24 for 618 60th Street Listing photo id 25 for 618 60th Street Listing photo id 26 for 618 60th Street Listing photo id 27 for 618 60th Street Listing photo id 28 for 618 60th Street Listing photo id 29 for 618 60th Street Listing photo id 30 for 618 60th Street Listing photo id 31 for 618 60th Street Listing photo id 32 for 618 60th Street Listing photo id 33 for 618 60th Street Listing photo id 34 for 618 60th Street Listing photo id 35 for 618 60th Street Listing photo id 36 for 618 60th Street Listing photo id 37 for 618 60th Street Listing photo id 38 for 618 60th Street Listing photo id 39 for 618 60th Street Listing photo id 40 for 618 60th Street Listing photo id 41 for 618 60th Street Listing photo id 42 for 618 60th Street
  • MLS#: GC537245 ( Commercial Sale )
  • Street Address: 618 60th Street
  • Viewed: 4
  • Price: $5,400,000
  • Price sqft: $199
  • Waterfront: No
  • Year Built: 1996
  • Bldg sqft: 27197
  • Days On Market: 2
  • Additional Information
  • Geolocation: 29.6583 / -82.407
  • County: ALACHUA
  • City: GAINESVILLE
  • Zipcode: 32607
  • Provided by: FIRST CHOICE REALTY OF NORTH FLORIDA LLC
  • Contact: Dawn Johnson
  • 352-514-9508
  • mfrmls
  • DMCA Notice
  • Description
    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 McDonalds 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 McAlisters 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, BJs 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.
Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Flooring
  1. Ceramic Tile
  2. Luxury Vinyl
  3. Tile
  4. Vinyl
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Heat Pump
Insurance Expense
  1. 0.00
Legal Description
  1. COM NE COR SEC S 49.55 FT TO S R/W LINE SR-26 W ALG R/W 288.50 FT S 291.38 FT SLY ALG CURVE 37.67 FT S 5 DEG E 108.61 FT TO POB CONT S 5 DEG E 165.90 FT W 311.56 FT N 165 FT E 294.56 TO POB ALSO COM NE COR SEC S 49.55 FT W 288.50 FT S 267 FT POB S 24 .38 FT SLY ALG CURVE 37.65 FT S 5 DEG E 108.61 FT W 294.56 FT N 170 FT E 281.50 FT POB OR 4160/0950
Levels
  1. One
Living Area
  1. 23674.00
Lot Features
  1. Central Business District
  2. Landscaped
  3. Near Public Transit
  4. Shopping Center
  5. Sidewalk
  6. Street Lights
  7. Paved
Area Major
  1. 32607 - Gainesville
Net Operating Income
  1. 496619.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 06655-002-009
Parking Features
  1. Common
  2. Ground Level
  3. Over 30 Spaces
Possession
  1. Close Of Escrow
Property Type
  1. Commercial Sale
Road Frontage Type
  1. Business District
Roof
  1. Built-Up
Sewer
  1. Public Sewer
Tax Year
  1. 2025
Township
  1. 10
Utilities
  1. BB/HS Internet Capable
  2. Public
  3. Underground Utilities
  4. Water Connected
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/GC537245
Water Source
  1. Public
Year Built
  1. 1996
Zoning Code
  1. BUS