Commercial Sale · Restaurant
3117 SW 34TH STREET UNIT 1 & 2, GAINESVILLE, FL, 32608
Active2 days on marketListed Oct 17, 2026MLS #OM733954
About this property
The property at a glance
Premium retail investment opportunity and turn-key restaurant available at University Towne Center, a multi-tenant, retail shopping center located in the heart of Gainesville's retail corridor. This property is situated on the southeast corner of SW 34th Street and Archer Road- the most traveled road in Gainesville and the hub of all retail activity in the city. It is located just over a mile from I-75, in close proximity to Shands Hospital, UF & thousands of residential units. New Roof in 2022 and new AC in 2023. 3,600 square feet of interior space - Unit #1 is 2,489 sq.ft. and Unit #2 is 1,111 sq.ft. Immediate parking at the entrance to building with adjacent overflow parking - there are 45 deeded parking spaces. On-building signage and monument signage located directly on SW 34th Street with an average daily traffic count of 27,374 vehicles. University Towne Center is shadow-anchored by Enson Market, and includes other tenants such as Carrabba's, Amrit Palace, Another Broken Egg Cafe, DaVinci, Taste Pho & Noodle House, Tropical Smoothie Cafe, Sahao Cafe, Yoga Pod and more.
5,000
Building sq ft
$380
Price / sq ft
0.76
Lot acres
2005
Year built
1
Building
PD
Zoning
Restaurant
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
$12,124/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 Kyler 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
53,966
Population
$60,182
Median income
30.2
Median age
2.3
Avg household
$340,200
Median home value
$1,357/mo
Median rent
4,332
Households w/ kids
Recent sales
What actually sold near 3117 SW 34TH STREET UNIT 1 & 2
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$36,300
12 SW 1ST AVENUE
4,620 sqft · $8/sqft · Sold May 8, 2025
$4,250,000
1720 W UNIVERSITY AVENUE
4,715 sqft · $901/sqft · Sold Jun 23, 2026
$48,600
706 W UNIVERSITY AVENUE
2,430 sqft · $20/sqft · Sold Jul 27, 2026
Your team
The pros in your corner
Your agent
Kyler Lang
REALTOR · CENTURY 21 Edge
Tours, offers, and every question about 3117 SW 34TH STREET UNIT 1 & 2 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 3117 SW 34TH STREET UNIT 1 & 2.
See it in person
Schedule a tour
Live availability from Kyler's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of FLORIDA ADVANTAGE REALTY GROUP · Kristen Dreyer. MLS #OM733954.
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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