2445 SW 13TH ST

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2445 SW 13TH ST

GAINESVILLE, FL 32608
Asking Price
$999K
Asset Type
Retail
Class
Class B

What's Special

Prime 1.66 Acre site with 179 FT fronting on US 441 <p><span style="color: rgba(0, 0, 0, 1)">Prime 1.66 Acre site with 179 FT fronting on US 441 with Fantastic Zoning which allows Restaurant, hotels, car wash and apartments with numerous other uses. Close to University Of Florida, Shands and VA Hospital's. This is a prime restaurant or multi-family site. Current Zoning is U-7 which allows 50 units a acre, plus potential for more. This is also prime for hotels. Has a one story former restaurant building of 3,415 SF, which would need total renovati

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NOI
$80,000
Cap Rate
8.01%
DSCR
1.35
Strong
Cash-on-Cash
6.90%
Monthly Payment
$4,942.507
Annual Cash Flow
$20,689.917

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