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706 W UNIVERSITY AVENUE

For Sale
$48,600

BTC: 0.75937500

ETH: 27.83505155

176 days
0 room(s)
2,430 sqft

Overview

Former restaurant space for lease. Currently a shell so can be built out to a tenant's specific needs. Housed Leonardo's 706 for decades. Great visibility from West University Avenue, plenty of parking and good signage. Located just blocks from the University of Florida and downtown Gainesville surrounded by an area that is increasing in density.

Location

Details

Type:
Commercial Lease
Parking:
No Data
Year Built:
1962
Lot:
0.46 Acres
Heating:
No Data
Price/sqft:
$20
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$384,950
$310K – $461K
Confidence Low
List vs. estimate
$336K below estimate
List $48,600 · -87.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$20
-89.6% vs. city median $192
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,531
2025
All facts and features
  • Cooling

    • Central Air

  • Lot

    • Lot: 0.46 Acres

    Other Property Information

    • Parcel Number: 13661000000

    • Zoning: MU1

  • Type and style

    • Property Type: Commercial Lease

    • Property Sub Type: Restaurant

  • Other financial information

    • Annual tax amount: $13,531

  • Source details

    • MLS ID: GC535923

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Living Area: 2430

    • Subdivision Name: BROWNS ADD FLORIDA COURT

Private inquiry
Talk to the advisor on this listing.
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Market around this address

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER M.M. PARRISH REALTORS