Commercial Sale · Retail
1516 N MAIN STREET, GAINESVILLE, FL, 32601
Active917 days on marketListed Jan 23, 2024MLS #GC518901
About this property
The property at a glance
High visibility corner car lot with prominent signage. On Auto Row, with close proximity to Publix, Tom Petty Park, and a middle school. 5 minutes from the University of Florida. And 10 minutes from Gainesville Regional Airport. Flexible U8 Zoning allows drive-thru and freestanding retail uses.
3,776
Building sq ft
$397
Price / sq ft
0.55
Lot acres
1986
Year built
1
Building
U8
Zoning
Retail
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$7,699/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
395
Population
$47,523
Median income
30
Median age
2
Avg household
$230,200
Median home value
$812/mo
Median rent
53%
Households w/ kids
Consumer profile
Good stewards of the earth, this population advocates for a cleaner environment and responsible use of resources. They often encourage others to recycle and use clean energy.
From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
Expressing a desire to give back and do good for the community, this behavior emphasizes charity. Common activities include volunteering, fundraisers, and donations.
A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
Recent sales
What actually sold near 1516 N MAIN STREET
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$31,800
3432 W UNIVERSITY AVENUE
860 sqft · $37/sqft · Sold Oct 3, 2024
$20,592
720 W UNIVERSITY AVENUE
1,040 sqft · $20/sqft · Sold Sep 1, 2025
$17,400
501 NW 23RD AVENUE UNIT D
1,040 sqft · $17/sqft · Sold Sep 30, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 1516 N MAIN STREET — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1516 N MAIN STREET.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of RAJAEE REAL ESTATE LLC · Jahan Rajaee. MLS #GC518901.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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