Commercial Sale · Retail
98 NW 254TH STREET, NEWBERRY, FL, 32669
Active126 days on marketListed Apr 6, 2026MLS #GC539188
About this property
The property at a glance
OWN A PIECE OF HISTORY from 1923! Newberry Cold Storage Building offers endless possibilities. Newberry is the NEW HOT SPOT for growth in Alachua County. Seller has plans and architectural renderings/drawings that he will pass on to the new buyers. (see attached) 2023 Survey Available. Excellent Location, sitting on a corner lot right beside the new city hall, lots of parking. Water, Sewer & Electric stubbed. With a little love and renovations, this would be a perfect location for a restaurant, wine bar, speak easy, bakery, meat market, endless possibilities here. Excellent location & visibility. A stones throw to SR 26 which is the main road of travel from numerous surrounding towns/cities. Newberry is west of Gainesville, 12 miles from I-75, 25 miles from the Gainesville Regional Airport, 16 miles to the University of Florida and is growing at a rapid pace. Newberry is home to multiple sports venues, the alachua county agriculture & equestrian center/arena and the new alachua county fairgrounds. Come be a part of Newberry's Rich History. Call us for more info or your private tour.
1,882
Building sq ft
$122
Price / sq ft
0.28
Lot acres
1923
Year built
1
Building
RSF-2
Zoning
Retail
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$1,251/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Kat to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
17,436
Population
$102,335
Median income
39.6
Median age
2.68
Avg household
$308,000
Median home value
$1,657/mo
Median rent
2,180
Households w/ kids
Recent sales
What actually sold near 98 NW 254TH STREET
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$455,000
25050 W NEWBERRY ROAD
2,207 sqft · $206/sqft · Sold Jun 13, 2025
$217,500
230 SW 250TH STREET
Sold Jul 28, 2025
$255,000
3709 & 3805 SW STATE ROAD 45
Sold Aug 26, 2025
Your team
The pros in your corner
Your agent
Kat Bonelli
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 98 NW 254TH STREET — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 98 NW 254TH STREET.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Kat's phone and CRM.
Listing courtesy of UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY · Niki Thomas-Schnyder. MLS #GC539188.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New NEWBERRY listings, in your inbox
A daily digest of every new listing in NEWBERRY — straight from the MLS, hours after it goes live. Unsubscribe anytime.