Rare Development Opportunity at the Corner of NW 23rd Avenue & 6th Street. Unlock the potential of one of Gainesvilles most coveted corners. Situated on the high visibility intersection of NW 23rd Avenue and NW 6th Street, this U 6 zoned property offers a rare chance to develop up to 36 total units in a prime, centrally located area with heavy traffic and excellent accessibility. The property currently features a 2,160 sq. ft. restaurant building along with a 4,850 sq. ft. commercial structure, both in need of repair but ripe with income producing potential through lease or redevelopment. The flexible U 6 zoning supports a wide range of commercial and multifamily uses, making this site ideal for investors, developers, or owner operators looking to capitalize on Gainesvilles growth. Whether you're envisioning a multi unit residential project, development, or a revitalized commercial space, this location offers the visibility, zoning, and opportunity to bring your vision to life. Opportunities like this in the heart of Gainesville don't come often.
Rare Development Opportunity at the Corner of NW 23rd Avenue & 6th Street. Unlock the potential of one of Gainesvilles most coveted corners. Situated on the high visibility intersection of NW 23rd Avenue and NW 6th Street, this U 6 zoned property offers a rare chance to develop up to 36 total units in a prime, centrally located area with heavy traffic and excellent accessibility. The property currently features a 2,160 sq. ft. restaurant building along with a 4,850 sq. ft. commercial structure, both in need of repair but ripe with income producing potential through lease or redevelopment. The flexible U 6 zoning supports a wide range of commercial and multifamily uses, making this site ideal for investors, developers, or owner operators looking to capitalize on Gainesvilles growth. Whether you're envisioning a multi unit residential project, development, or a revitalized commercial space, this location offers the visibility, zoning, and opportunity to bring your vision to life. Opportunities like this in the heart of Gainesville don't come often.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 7371.00
Other Structures: Other
Roof: Shingle
Land Information
Lot Features: Corner Lot, City Limits
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Road Frontage Type: City Street
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Legal Description: GLEN SPRINGS RD S/D PB C-35 LOTS 1 2 3 4 & 15 FT ALLEY ADJ & W OF LOTS 1 2 3 ALSO ADJ & E OF LOT 4 ALSO COM SE COR LOT 3 W 197 FT TO SW COR LOT 4 & 20 FT E 197 FT TO R/W NW 6TH ST N 20 FT TO POB OR 1500/387-390 LESS ADD'L R/W NW 6TH ST PER OR 1498/45
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