408 W University Avenue

    Gainesville, FL 32601
    • $9,000,000
    • STATUS: Active
    • ON SITE: 275 days
    • MLS #: 408470
    $9,000,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 42,000
      SQFT
    • $214
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    Own a controlling share of the Seagle building! Listing is for the first 6 floors and residential units 7B, 8A, 9A, and the Penthouse - equaling over a 75% ownership stake in Gainesville's historic Seagle Building (enough to trigger dissolution of condominium). Perfect for Investors or owner/developers, most tenants are on short term leases. Less than a mile from UF and Downtown. 42,000 total sqft of rentable/buildable space zoned commercial and additional residential units Sale includes solar panels on top of first floor. Comes with existing Leases and parking lots. Detailed financials, condominium documents, and structural blueprints available upon request.

    Monthly Payment Calculator



    © 2018 Gainesville MLS, Inc. All Rights Reserved. Information deemed reliable but not guaranteed.The Broker Reciprocity logo designates real estate listings held by a brokerage firm other than Bosshardt Realty. 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 last updated: 2018-06-18T00:07:29.007.
    search.bosshardtrealty.com/homes/76796517

    408 W University Avenue Gainesville, FL 32601

    • Price: $9,000,000
    • Status: Active
    • MLS #: 408470
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    42,000
    SQFT
    $214
    $/SQFT
    Neighborhood:
    Alachua
    County:
    Alachua
    Area:
    Alachua
    Property Description
    Own a controlling share of the Seagle building! Listing is for the first 6 floors and residential units 7B, 8A, 9A, and the Penthouse - equaling over a 75% ownership stake in Gainesville's historic Seagle Building (enough to trigger dissolution of condominium). Perfect for Investors or owner/developers, most tenants are on short term leases. Less than a mile from UF and Downtown. 42,000 total sqft of rentable/buildable space zoned commercial and additional residential units Sale includes solar panels on top of first floor. Comes with existing Leases and parking lots. Detailed financials, condominium documents, and structural blueprints available upon request.
    Property Features

    Class Commercial Condition (Oth)Other Gross Sch Annual Income 425000 Legal Description Seagle Building A Condominium Or 1532/1 Units 601-608 Together With An Undivided Share Of The Common Elements Also Ltd - Common Elements Appurtenant Thereto Or 2143/0665 Sub Type Office

    Listing information © 2018 Gainesville MLS.
    Listing provided courtesy of Portal Realty.


    © 2018 Gainesville MLS, Inc. All Rights Reserved. Information deemed reliable but not guaranteed.The Broker Reciprocity logo designates real estate listings held by a brokerage firm other than Bosshardt Realty. 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 last updated: 2018-06-18T00:07:29.007.
     
    Bosshardt Realty
    5542 NW 43rd St
    Gainesville FL, 32653