Commercial Lease · Mixed Use
430 NW 5TH AVENUE, GAINESVILLE, FL, 32601
Active18 days on marketListed Sep 22, 2026MLS #GC543063
About this property
The property at a glance
## Commercial Multi-Use Unit B — Historic Downtown Pleasant Street Area **UNIT B — MULTI-USE COMMERCIAL SPACE | SUBLEASE | 2-YEAR MINIMUM** Discover a unique commercial opportunity in **Historic Downtown Gainesville** with Unit B, one of two units within a distinctive multi-use commercial building. Approximately **890 square feet**, this versatile space is available as a **sublease with a minimum two-year commercial lease term** and offers an excellent opportunity for an entrepreneur, professional, retailer, creative business, or service provider looking for a space with character. Although the space was previously configured for **salon/barber use**, its potential extends far beyond that. The flexible commercial layout can accommodate a variety of business concepts, subject to applicable zoning, permitting, and licensing requirements. The space could be ideal for a salon or barber shop, boutique, studio, office, professional service, creative workspace, showroom, retail concept, or other approved commercial use. Adding to its character, the space features a distinctive **industrial-inspired interior**. The existing ceiling was removed, exposing the rafters, which have been insulated to create an open and unique **industrial/loft-style atmosphere**. This architectural feature gives the space a modern, creative feel and provides a memorable setting that can be customized to complement a variety of businesses. Located in **Historic Downtown Gainesville**, the property offers the appeal of a central commercial location combined with the flexibility to create a space tailored to your business. Whether you're looking to establish a new concept, expand an existing business, or create a distinctive workspace, **Unit B provides a versatile foundation with plenty of possibilities**. Prospective tenants should independently verify zoning, permitted uses, licensing, occupancy requirements, and any required permits with the appropriate governmental authorities.
1,010
Building sq ft
$13
Price / sq ft
0.1
Lot acres
1936
Year built
1
Building
MU1
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Gross
Lease structure
3 to 5 Years
Lease term
Estimated payment (illustrative)
Estimated payment
$424/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 Nicholas 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
546
Population
$30,241
Median income
25
Median age
2
Avg household
$370,400
Median home value
$1,123/mo
Median rent
20%
Households w/ kids
Consumer profile
Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.
Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.
There's more to student life than academics. It's about the experience - from classes and homecoming, to making lifetime friends and alumni events. These are students at school, taking classes online, or finding other ways to be students in their daily lives.
Passionate about animal welfare, this population wants to know how best to care for their own pets (with toys and training) and help other animals find their fur-ever home.
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.
Family time is always a good time for these folks. Whether it's a family vacation or making ice cream sundaes at home, this population loves spending time with the people closest to them.
Recent sales
What actually sold near 430 NW 5TH AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$31,200
521 NE 1ST STREET
1,971 sqft · $16/sqft · Sold Dec 12, 2024
$345,000
914 NW 13TH STREET
2,320 sqft · $149/sqft · Sold Sep 10, 2026
$67,500
20 S MAIN STREE
1,500 sqft · $45/sqft · Sold Jan 1, 2026
Your team
The pros in your corner
Your agent
Nicholas Giaccone
Director of Agent Success · CENTURY 21 Edge
Tours, offers, and every question about 430 NW 5TH AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 430 NW 5TH AVENUE.
See it in person
Schedule a tour
Live availability from Nicholas's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of ROYAL REALTY SERVICES OF FLORIDA CORP · Niya Dix. MLS #GC543063.
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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