$2,250,000
$1,800,000
25.0%For more information regarding the value of a property, please contact us for a free consultation.
5,599 SqFt
SOLD DATE : 05/19/2025
Key Details
Sold Price $2,250,000
Property Type Commercial
Sub Type Restaurant
Listing Status Sold
Purchase Type For Sale
Square Footage 5,599 sqft
Price per Sqft $401
MLS Listing ID GC516107
Sold Date 05/19/25
HOA Y/N No
Year Built 1979
Annual Tax Amount $12,092
Lot Size 2.020 Acres
Acres 2.02
Property Sub-Type Restaurant
Source Stellar MLS
Property Description
The former Napolitano's Restaurant (previously a Gainesville favorite) is now available for sale. This large 6,424 sq. ft. restaurant space is conveniently situated off the I-75 Newberry Road exit and rests directly off Tower Road (NW 75th Street) with an average daily traffic count of approximately 20,000. Sitting on just over 2 acres, this amply-sized fully built out restaurant space has an impressive occupancy of over 330 and is ready to be brought back to life. The property also features a large monument sign, as well as a beautiful outdoor event space area and ample parking lot. With 2.02 Acres zoned Highway Oriented Business (BH), this parcel also has great development potential that allows for multiple potential uses including; Hotel, Night club/Bar, Medical clinic, Assisted living, Retail, Educational facility and many more.
Location
State FL
County Alachua
Area 32607 - Gainesville
Zoning BH
Interior
Cooling Central Air
Building
Story 1
Foundation Slab
Lot Size Range 2 to less than 5
Structure Type Brick
New Construction false
Others
Ownership Corporation
Special Listing Condition None
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Bought with PORTAL REALTY
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