Downtown Tallahassee Office Building For Sale
Office
for Sale
Catylist Listing ID: |
30458695 |
Property Subtypes: |
Office Building
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Building Size (RSF): |
14,607 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
0.16 Acres
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Sale Price: |
$1,500,000 |
Unit Price: |
$102.69 PSF |
Property Use Type: |
Investment, Vacant/Owner-User |
Class of Space: |
Class B |
Sale Terms: |
Undisclosed |
Cap Rate: |
Undisclosed |
Last Updated: |
2/15/2021 |
Overview / Comments
Outstanding Owner User/Investor Opportunity Available in Downtown Tallahassee!!! WITH GREAT PARKING !!! This property is perfect for an owner user that would also like investment income from existing tenants already in the building. The first and third floors are currently leased to credit tenants and the second floor, which is approximately 4,800sf, is available for occupancy. The second floor space is currently occupied by Beck Partners, an affiliate of the ownership entity. Beck Partners would vacate the property or leaseback a portion of the second floor should potential buyers not need the entire floor. The building itself has been recently remodeled with new exterior improvements, such as installing modern windows, fresh paint, new entrance and exit doors, while also tackling the hurdle of downtown parking. Key features such as the multipurpose Press Room (also Conference room), close proximity to the Capitol, and the fact the owner has under contract the adjacent property to allow for 15 additional on-site parking spaces makes this property unique from any other in downtown. Furthermore, the property is in walking distance of the Leon County Courthouse, State Capitol Building, City Hall and is among the landmark office buildings in downtown. It is strategically located within close proximity to various restaurants, hotels and numerous other commercial venues. Building signage is also available so don't miss this opportunity to put your signature on the downtown market!
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Additional Details
Nearest MSA: |
Tallahassee |
County: |
Leon |
Tax ID/APN: |
2136250761310 |
Zoning: |
COMMERCIAL |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
11,420 |
106,607 |
173,726 |
Median Age: |
28.75 |
28.6 |
30.65 |
Households: |
4,708 |
44,391 |
72,312 |
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