618 NW 60th Street, Gainesville, FL 32607

$5,100,000

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Property Description

Income-producing retail investment located at 618 NW 60th St in Gainesville, Florida. This established, fully leased shopping center is positioned just off Newberry Road, located behind McDonald's and adjacent to Hobby Lobby, in close proximity to Oaks Mall and the University of Florida. The property benefits from strong traffic counts, excellent surrounding retail, and a highly desirable Northwest Gainesville location.The center features a stable and diversified rent roll with long-standing national and regional tenants including McAlister's Deli, The HoneyBaked Ham Company, Blackadder Brewing Company, Painting with a Twist, and additional service and food-related users. Tenant longevity and brand recognition contribute to consistent income performance and reduced vacancy risk.Situated on approximately 2.27 acres, the property totals approximately 23,364 square feet of retail space and is 100% occupied at the time of listing. The location offers convenient access to I-75 and is surrounded by major employment drivers and demand generators including North Florida Regional Medical Center, BJ's Restaurant, Oaks Mall, and numerous retail, dining, and service establishments.This offering presents an opportunity to acquire a stabilized retail asset with in-place cash flow in a strong Gainesville submarket. Well-suited for investors seeking reliable income, long-term tenant stability, and exposure to a high-demand commercial corridor.

618 NW 60th Street | MLS# GC537245

This commercial property located at 618 NW 60th Street, Gainesville, FL 32607 is currently listed for sale with an asking price of $5,100,000. Search Gainesville real estate on vanettaj.watsonrealtycorp.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Heating: Central, Heat Pump
Lot Size: 2.27 Acres
Roof Type: Built-Up
Stories: 1.0
Taxes: $74,977
Year Built: 1996
Square Feet: 27,197

Feature Descriptions

Building: Bathrooms, Columns, Common Lighting, Dumpsters
Days on Site: 73
Directions: From Newberry Rd and I-75, head East, turn right after Panda Express onto NW 60th St, turn right into McAlisters parking lot.
Exterior: Block, Concrete, Stucco
Flood Zone Code: X
Flooring: Ceramic Tile, Luxury Vinyl, Tile, Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Central Business District, Landscaped, Near Public Transit, Shopping Center, Sidewalk, Street Lights, Paved
Lot Dimensions: 2.27
Ownership: Corporation
Parking: Common, Ground Level, Over 30 Spaces
Parking Notes: Common, Ground Level, Over 30 Spaces
Property Attached Y/N: No
Property Sub-Type: Retail
Sale Includes: Building(s) and Land, Leases
Security: Fire Alarm, Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Appointment Only, Do Not Contact Tenants, Listing Agent Must Accompany, No Lockbox, See Remarks
Special Sale Provisions: None
Units: 8
Utilities: BB/HS Internet Capable, Public, Underground Utilities, Water Connected
Vegetation: Mature Landscaping
Water: Public
Water Access Y/N: No
Windows: Display Window(s)
Zoning: BUS

Listed By / Shown By

Listed By

Agency Name: FIRST CHOICE REALTY OF NORTH FLORIDA LLC
Agency Contact: 352-514-9508

Shown By

Agent Name: Vanetta Jordan
Agent Phone: (904) 672-6537
Agency Title: Watson Realty Corp., REALTORS ®

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