Great Redevelopment Potential

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30678846
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Retail-Pad, Service Station/Gas Station
Status: Pending/Contingent
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: 5/11/2021

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

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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

Contact

Photograph of Listing Agent

Sedita Cayson

PrimeSouth Properties
TALrex.com Member
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