Office Space Sale/Lease

Office for Sale
Catylist Listing ID: 30568643
Property Subtypes: Governmental, Institutional, Mixed Use, Office Building, Other
Building Size (RSF): 7,544 SF
Gross Land Area: 1.02 Acres
Sale Price: $1,100,000
Unit Price: $145.81 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class B
Usable Size (USF): 7,544 SF
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 8/12/2020

Overview / Comments

2-story office building sitting on 1.02 +/- acres. Buy with income from the first floor (new 5-year lease). The second floor is available for lease (3, 772 +/- SF).

2-Story Professional Office Building sitting on 1.02 +/- Acres.
7,544 +/- SF with Dry Storage Unit Behind Building
Zoned OR-3
Parking Spaces: 31
Great location with frontage on Tennessee St (Hwy 90/Mahan Drive) near downtown, TMH & Retail
Daily Traffic Count: 31,000
Built in 1980, Renovated in 2019.

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 1131200500000 & 1131200190000
Zoning: OR-3 OFFICE RESIDENTIAL
Property Located Between: Great location with frontage on Mahan Drive (Hwy 90/Tennessee Street) near the Magnolia Dr/Tennessee Street intersection.
Property Visibility: Excellent
Number of Stories: 2
Year Built: 1980
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,572 97,472 176,462
Median Age: 33.47 29.92 30.95
Households: 3,647 40,513 73,526
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