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About This Home
This 0-bedroom, 0-bathroom commercial at 1938 NE WALDO ROAD in Gainesville, FL is listed for $999,000 ($228 per sqft). Built in 1900, the home offers 4,374 sqft of living space on a 0.37 acres lot.
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.
Key Features
- Built in 1900
- 0.37 acre lot
Property Details
Monthly Cost Estimate
$5,343/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1938 NE WALDO ROAD
Gainesville, FL 32609
NORTHEAST SEOLA
Property Details
Construction
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1938 NE WALDO ROAD is listed at $999,000 ($228/sqft). The estimated monthly payment is $4,329 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.37 acre lot.
This property is listed by Sherman Bryan, Jr. and can be reached at 3522629319 or shermanbryan@watsonrealtycorp.com.





