A recent price reduction has created a compelling opportunity for developers and investors looking to secure a development site in Downtown Gainesville. The 1.04 acre property located at 413 South Main Street is now offered at $2,950,000 and represents one of the few remaining redevelopment sites within the downtown core.

Situated on a prominent hard corner along South Main Street, the property includes approximately 212 feet of frontage and benefits from access at both SE 4th Place and SE 4th Avenue. Its location places the site within close proximity to the University of Florida, Innovation Square, and the growing downtown district.

The property is zoned DT (Downtown), allowing a wide range of potential uses including apartments, hotels, condominiums, mixed use development, and commercial projects. The zoning allows up to 150 units per acre by right and up to 175 units per acre with a special use permit, providing strong development potential for a vertical mixed use project.

The surrounding area continues to see growth with new residential, hospitality, and commercial development taking place throughout downtown Gainesville and the Innovation District. Sites with this scale, frontage, and zoning flexibility are becoming increasingly limited.

With the new price of $2,950,000, the property presents a timely opportunity for developers seeking a strategic position in Gainesville’s evolving urban core.