27 rental units with Great Redevelopment Potential

Retail-Commercial for Sale
Catylist Listing ID: 30459217
Property Subtypes: Street Retail
Building Size (RSF): 11,000 SF
Gross Building Area: See Agent
Sale Price: $899,000
Unit Price: $81.73 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 8/16/2019

Overview / Comments

The property currently has 27 rental units with Great Redevelopment Potential. It's located on North Monroe Street between the Tallahassee Mall and the down town area, near the Tharpe Street intersection. The adjacent property may be purchased as well, which together will create about a 2 acre "Hard Corner." An ideal site for a Restaurant, Bank, Retail Strip, and other opportunities. Retailers located in the area: Publix, CVS, McDonald's, Burger King, Wendy's, KFC, Hooter's, Golden Corral, and many more.

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 2124204610000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,033 105,282 178,753
Median Age: 34.33 30.09 31.7
Households: 6,284 44,866 74,625

Contact

Photograph of Listing Agent

Sedita Cayson

PrimeSouth Properties
TALrex.com Member
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