Downtown Office Property For Sale

Office for Sale
Catylist Listing ID: 30777063
Property Subtypes: Executive Suites, Office Building
Building Size (RSF): 7,200 SF
Gross Land Area: 0.12 Acres
Sale Price: $995,000
Unit Price: $138.19 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Downtown Office Bldgs - Across from Capitol Complex
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/20/2023

Overview / Comments

Two professional office buildings located in the heart of downtown Tallahassee across from the Capitol Complex.
Total Bldg Size: 7,200 SF +/-
108 E. Jefferson 4,800 SF (two story)
110 E. Jefferson 2,400 SF (one story)
Buildings must be purchased together.
Buildings only - Subject to ground lease. which ends 12-14-62.
Monthly ground lease payment is $2,635.00 + sales tax.
Walking distance to government buildings, courthouse, restaurant, shops and more.

Additional Details

Nearest MSA: Tallahassee
County: Leon
Submarket Type: Central Business District
Taxing Authority: Leon
Tax ID/APN: 2136251691470 & #2136251691475
Property Located Between: S Monroe & S Adams
Property Visibility: Excellent
Highway Access: Located just off Hwy 27 and less than 4 miles to I-10/N Monroe interchange
Area Description: Downtown - Across from Florida's Capitol Complex Walking distance to city and state buildings, plus many restaurants, hotels, businesses and other city attractions
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1920
Zoning Description: Central Core

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,516 111,551 172,154
Median Age: 26.74 28.4 30.58
Households: 5,015 46,423 71,704


Photograph of Listing Agent

Lawrence "Chip" Hartung

Coldwell Banker Hartung Member
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