Great Redevelopment Potential
Retail-Commercial
for Sale
| Catylist Listing ID: |
30678846 |
| Property Subtypes: |
Convenience Store, Free-Standing Building, Restaurant, Retail-Pad, Service Station/Gas Station
|
| Building Size (RSF): |
8,188 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$950,000 |
| Unit Price: |
$116.02 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
12/5/2021 |
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: |
2124204650000 |
| Retail Clientele: |
General |
| Largest Nearby Street: |
THARPE |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,100 |
106,571 |
178,753 |
| Median Age: |
34.68 |
30.07 |
31.7 |
| Households: |
5,386 |
45,570 |
74,625 |
|
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