1938 NE Waldo RoadGainesville, FL 32609Price: $1,009,000

Prime Commercial Opportunity in Gainesville's NE Seola Area - Priced Below Recent Appraisal! *****Recent Lender ordered appraisal supports value in excess of list price. Appraisal available for review upon request***** APPRAISAL HAS BEEN DONE AND IS AVAILABLE FOR QUALIFIED, VETTED BUYERS. Versatile 4,374 SF mixed-use property strategically priced below a recent appraisal that was just completed 4/03/2026 by Mindful Appraisal Services, LLC , offering compelling value and strong market positioning. Located on a 0.37-acre MU-1 zoned lot along NE Waldo Road, just minutes from Downtown Gainesville, with excellent visibility in a growing corridor. Originally built in 1900 and effectively updated in 2020, the solid masonry building features 4,206 heated SF, 8 spacious rooms, central HVAC, forced-air electric heat, CB stucco exterior, pine/soft wood floors, and a flat tar & gravel roof. Current use: Licensed daycare (capacity 69). Ideal for: Daycare, community center, professional or medical office, nonprofit, or other mixed-use applications. Convenient to Gainesville Regional Airport, Depot Park, Downtown Gainesville, and the University of Florida, with proximity to Paynes Prairie, Morningside Nature Center, and the Matheson History Museum. Exceptional opportunity to acquire a flexible asset below appraised value in one of Gainesville's most promising corridors.