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3205 47th Avenue, GAINESVILLE, FL 32608

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  • MLS#: GC533715 ( Commercial Sale )
  • Street Address: 3205 47th Avenue
  • Viewed: 21
  • Price: $2,345,000
  • Price sqft: $303
  • Waterfront: No
  • Year Built: 2005
  • Bldg sqft: 7727
  • Days On Market: 38
  • Additional Information
  • Geolocation: 29.6088 / -82.3699
  • County: ALACHUA
  • City: GAINESVILLE
  • Zipcode: 32608
  • Provided by: BOSSHARDT REALTY SERVICES LLC
  • Contact: Robert Caniff
  • 352-371-6100
  • mfrmls
  • DMCA Notice
  • Description
    Prime investment opportunity in Gainesville, FL 7,727 SF commercial property (5,801 SF heated & cooled) plus .11 acre expansion lot. Long term national tenant ADT LLC, in place for over 20 years, recently extended lease through April 2029. Current NOI approx. $154,930/year with annual rent escalations. Tenant pays operating expenses and taxes. Offered at $2,345,000 (6.0% cap rate). Excellent 1031 exchange candidate with stable cash flow, strong credit tenant, and future upside potential near the University of Florida.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 5801.00
  • Roof: Metal
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Road Frontage Type: City Street
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 130782.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: COM NE COR GARY GRT S 05 DEG 04 MIN 33 SEC E 5747.92 FT SWLY ALG CURVE 409.86 FT S 85 DEG 40 MIN 17 SEC W 830.27 FT S 04 DEG 19 MIN 43 SEC E 663.04 FT N 50 DEG 03 MIN 14 SEC E 373.96 FT N 04 DEG 19 MIN 43 SEC W 134.40 FT N 04 DEG 19 MIN 43 SEC W 132. 40 FT N 85 DEG 40 MIN 17 SEC E 85 FT POB N 85 DEG 40 MIN 17 SEC E 100 FT S 04 DEG 19 MIN 43 SEC E 66.67 FT S 85 DEG 40 MIN 17 SEC W 100 FT N 04 DEG 19 MIN 43 SEC W 66.67 FT POB AKA BLDG 2 OR BLDG B OR 3085/1429
  • Area Major: 32608 - Gainesville
  • Parcel Number: 07240-022-000
  • Possession: Close Of Escrow
  • Views: 21
  • Zoning Code: BUS
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