S O L D - .94 up to 1.39 acres with 1,900+/- s.f. store with 800 s.f. car wash with 38,200 cars a day. Property lends its self to redevelopment. Great local citizen and government support for the new Mid-Town development plans. Restaurant? Shopping? Owner will finance
$899,000
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506 Jesse Jewell Parkway
S O L D - Former Circle K convenience store (with ability to add additional parcel(s) in rear including .08 additional rear entrance lot for $76,491 and 529 and 533 West Avenue for $250,000 for extra .39ac) . **Cannot be used as C-store or liquor store ** with 38,200 cars passing daily - this property is in the heart of all the new development in growing Gainesville. Directly across from soon to open Quick Trip. Located on the corner of Jesse Jewell Parkway and West Avenue. Billboard land lease included with over $2,900/yearly income. Tanks and canopy have been removed. This property lends its self to redevelopment. Owner of large tract will finance No longer zoned for C-store or Liquor or Dollar Store . Restaurant? Retail? Office?
New mixed unit development by Terwilliger Pappas just 1/4 mile away worth over $80,000,000 will have 220 and 180 apartment units along with retail space. See link below
- All utilities serve the property.
- Gas tanks and canopy have been removed. Not zoned for C-Store - EPA clearance letter. Ground is good!
Owner financing terms:
15% down
Good credit
20 year amortization
5 year note
No prepayment penalty
7.9% interest
Personal guarantee
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