Address
618 Nw 60th Street, GAINESVILLE, FL
Price
$ 4,900,000
Property Attributes
  • MLS#GC537245
  • TypeCommercial
  • Listing Status Pending
  • CountyAlachua
  • CityGAINESVILLE
  • AreaGainesville
  • NeighborhoodN/A
  • Zip32607
  • StyleRetail
  • Year Built1996
  • Taxes$ 74977
  • Price$ 4,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage23674
  • Lot Size2.27 Acres
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. 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.

Price History
2/10/2026 Listed $5,400,000
3/9/2026 6$5,100,000
5/20/2026 4$4,900,000

General Features

Sewer Public Sewer
Heating Central,Heat Pump
Cooling Central Air
Utilities BB/HS Internet Capable,Public,Underground Utilities,Water Connected
Possession Close Of Escrow
Roof Built-Up
Zoning BUS
Security Features Fire Alarm,Smoke Detector(s)
Construction Materials Block,Concrete,Stucco
Year Built 1996
Levels One
Property Subtype Retail
Tax Year 2025
Ownership Corporation
County Alachua
New Construction false
Property Type Commercial Sale
Subdivision Name N/A
Building Features Bathrooms,Columns,Common Lighting,Dumpsters
Status Pending
Directions From Newberry Rd and I-75, head East, turn right after Panda Express onto NW 60th St, turn right into McAlisters parking lot.
City GAINESVILLE
Number Of Units Total 8
MLS Area 32607 - Gainesville
Lot Size Units Acres
Lot Size Square Feet 98881
Listing Terms Cash,Conventional
Tax Annual Amount 74977.15
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC537245
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active Under Contract
Legal Description COM NE COR SEC S 49.55 FT TO S R/W LINE SR-26 W ALG R/W 288.50 FT S 291.38 FT SLY ALG CURVE 37.67 FT S 5 DEG E 108.61 FT TO POB CONT S 5 DEG E 165.90 FT W 311.56 FT N 165 FT E 294.56 TO POB ALSO COM NE COR SEC S 49.55 FT W 288.50 FT S 267 FT POB S 24 .38 FT SLY ALG CURVE 37.65 FT S 5 DEG E 108.61 FT W 294.56 FT N 170 FT E 281.50 FT POB OR 4160/0950
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
Flood Zone Code X Yes

Interior Features

Flooring Ceramic Tile,Luxury Vinyl,Tile,Vinyl
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Display Window(s)
LivingAreaSource Builder

Exterior Features

Vegetation Mature Landscaping
Parking Features Common,Ground Level,Over 30 Spaces
Lot Features Central Business District,Landscaped,Near Public Transit,Shopping Center,Sidewalk,Street Lights
Water Source Public
Lot Size Area 2.27
Foundation Details Slab
Number of Buildings 1
Building Area Total 27197
Lot Size Acres 2.27
Road Surface Type Paved,Asphalt
Waterfront Y/N false
Number of Separate Water Meters 4
Number of Separate Electric Meters 9
Road Frontage Type Street Lights,Street Paved,Business District
Number of Lots 1
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 32607

Price
AVG $2.44M
$4.9M
Taxes
AVG $30,391
$74,977
Year Built
AVG 1989
1996