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$49K

$20/SF/yr · NNN

706 University Avenue

Gainesville, FL 32601

Listing updated: December 12, 2025 at 12:15 PM ET

Active
Stellar MLSListing courtesy of Coldwell Banker M.M. Parrish Realtors · Craig Carter · MLS #GC535923 · Active · 352-335-4999
2,430
Building SF
0.46
Acres
1962
Built
$0.01
Per SF
RestaurantNNN leaseLeased$0.01/SF
Restaurant

Property type

1962

Year built

2,430 SF

Building size

20,038 sqft

Lot size

$0.01

Price / SF

MU1

Zoning

3

Days on market

Lease terms

Lease rate
$20/SF/yr
Lease type
Absolute (Triple) Net
Lease term
Three to Five Years
Tenant pays
Electricity, Insurance
Owner pays
Other

About this property

Former restaurant space for lease. Currently a shell so can be built out to a tenant's specific needs. Housed Leonardo's 706 for decades. Great visibility from West University Avenue, plenty of parking and good signage. Located just blocks from the University of Florida and downtown Gainesville surrounded by an area that is increasing in density.

Facts & features

Property type
Commercial Lease
Sub type
Restaurant
Status
Active
Days on market
3
Cumulative DOM
701
Subdivision
Browns Add Florida Court
County
Alachua
Year built
1962
Building area
2,430 sq ft
Price/sq ft
$0.01
Lot size
20,038 sq ft
Buildings
1
Road frontage
State Road
Annual taxes
$14K (2025)
Parcel #
13661-000-000
Zoning
MU1
MLS #
GC535923

Listing details

Listing date
2025-12-09
On market date
2025-12-09
MLS area
32601 - Gainesville
Status changed
2025-12-09
Tax legal description
BROWN ADDN BK 4 PB A-64 FLORIDA COURT PB A-110 LOTS 2 4 6 LESS R/W OR 175/232 & 234) OR 1987/0387

Location

Directions

Located on West University Avenue at the corner of Univ Ave and NW 7th Street.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of December 12, 2025 at 12:15 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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706 University Avenue — $49K | MaxLife Commercial