Commercial Sale · Retail
1308 E UNIVERSITY AVENUE, GAINESVILLE, FL, 32641
Active302 days on marketListed Oct 8, 2025MLS #GC534557
About this property
The property at a glance
Versatile Commercial Building – Ideal for Retail, Pawn Shop, or Specialized Use Unlock the potential of this adaptable commercial property, formerly operating as a liquor store. Offering high visibility and street frontage, this standalone building is well-suited for a variety of retail or service-based businesses, including a pawn shop or boutique operation. Located in a heavily trafficked area with steady foot and vehicle exposure, this site provides an affordable entry point for business owners looking to serve an established neighborhood. While the area is in transition, this presents a unique opportunity for an investor or entrepreneur with vision to bring new life and purpose to the space.
3,747
Building sq ft
$80
Price / sq ft
0.42
Lot acres
1974
Year built
2
Buildings
Retail
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$1,990/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask John to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
2,847
Population
$24,673
Median income
33
Median age
3
Avg household
$123,347
Median home value
$1,088/mo
Median rent
362
Households w/ kids
Consumer profile
Good stewards of the earth, this population advocates for a cleaner environment and responsible use of resources. They often encourage others to recycle and use clean energy.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Expressing a desire to give back and do good for the community, this behavior emphasizes charity. Common activities include volunteering, fundraisers, and donations.
Always seeking the next book, article, or poem to read, this activity is prevalent in areas where reading is a way of life. Although a solo activity, the expression of the love of books is a bonding, communal experience.
This population seeks to advocate for a more just world. Common activities include protests, rallies, and spreading awareness to the public about social justice issues.
Making it to church on Sunday, this population is drawn together by their devotion to, primarily Christian, religion. Common activities include worship services and bible studies.
Recent sales
What actually sold near 1308 E UNIVERSITY AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$100,000
2300 NW 6TH STREET
Sold Mar 31, 2025
$39,012
1226 W UNIVERSITY AVENUE
Sold Feb 6, 2026
$20,592
720 W UNIVERSITY AVENUE
1,040 sqft · $20/sqft · Sold Sep 1, 2025
Your team
The pros in your corner
Your agent
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, offers, and every question about 1308 E UNIVERSITY AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1308 E UNIVERSITY AVENUE.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of WATSON REALTY CORP · James Ulmer. MLS #GC534557.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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