706 W UNIVERSITY AVENUE, GAINESVILLE, FL 32601 | MLS #MFRGC535923 | Berkshire Hathaway HomeServices Florida Network Realty
 
Listing provided courtesy of COLDWELL BANKER M.M. PARRISH REALTORSas Distributed by MLSGrid- MLS# MFRGC535923MLS Provider

706 W UNIVERSITY AVENUEGAINESVILLE, FL 32601

Commercial · 2,430 Sq. ft. | 0.46 Acres
$48,600 Active

706 W UNIVERSITY AVENUE Overview

Time on Site:
203 days
Visits:
2

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.

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706 W UNIVERSITY AVENUE Facts & Features

  • Type Commercial
  • Sq. ft. 2,430
  • Price/Sq.ft. $20
  • Lot 0.46 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1962

Location/Region

  • Country: US
  • County Or Parish: Alachua
  • MLS Area Major: 32601 - Gainesville
  • Subdivision Name: BROWNS ADD FLORIDA COURT
  • Township: 10

Rent/Lease Information

  • Lease Amount Frequency: Annually
  • Lease Term: Three to Five Years
  • Tenant Pays: Electricity,Insurance

Tax Information

  • Tax Annual Amount: 13531
  • Tax Year: 2025

General Information

  • Parcel Number: 13661-000-000
  • Property Sub Type: Restaurant
  • Property Type: Commercial Lease
  • Zoning: MU1

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Owner
  • Building Area Total: 2430
  • Building Area Units: Square Feet

General Information

  • Cooling: Central Air
  • Foundation Details: Slab
  • Leasable Area: 2430
  • Living Area: 2430
  • Living Area Units: Square Feet

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.46
  • Lot Size Square Feet: 20038
  • Road Surface Type: Paved

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block

General Information

  • Road Frontage Type: State Road

706 W UNIVERSITY AVENUE Neighborhood

Community

32601 (GAINESVILLE) Demographics

24
Median Age
4,339
Population Density (per sq. mile)
61%
College Educated
$24,916
Estimated Median Income
2,131
Estimated Total Home Owners
6,069
Estimated Total Renters
26% / 74%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

706 W UNIVERSITY AVENUE Market Data

Based on the last 30 days in this zip code

$416,229
Average List Price
$238
Average Price per Square Foot
13
Properties Sold
101
Average Days on Market
85
Properties for Sale
Calculations provided by Reliance Network

706 W UNIVERSITY AVENUE History

Date Event Value Agent
12/9/2025Source: My Florida Regional MLS Added to Database
December 09, 2025