706 W UNIVERSITY AVENUE

For Sale

$48,600

BTC: 0.59631902

ETH: 19.98355263

27 days

For Sale

0 room(s) •

2,430 sqft

Overview

Former restaurant space for lease. Currently a shell which can be built out to a tenant's specific needs; building renovations are underway. This suite housed Leonardo's 706, a Gainesville icon, for decades. This property has great visibility from West University Avenue, plenty of parking and good signage. Just blocks to UF or downtown Gainesville and surrounded by an area that is already dense and becoming increasingly more dense by the day.

Location

Florida • GAINESVILLE • 32601 • For Sale

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

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

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$450,000

$291K – $630K

Confidence Low

List vs. estimate

$401K below estimate

List $48,600 · -89.2%

Our model says this listing is priced below recent comparable activity. Expect competition.

Price per sq ft

$20

-89.4% vs. city median $189

Based on

5 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 706

• 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: GC543769

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.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.

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

706 W UNIVERSITY AVENUE

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

HOA and Financial Details

Other

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