122 Calhoun St | Downtown Office

Office for Sale
Catylist Listing ID: 30426232
Property Subtypes: Executive Suites, Office Building
Building Size (RSF): 8,975 SF
Gross Land Area: 0.21 Acres
Sale Price: $2,150,000
Unit Price: $239.55 PSF
Property Use Type: Business
Building Name: 122 Calhoun St - 1st & 2nd Floor
Class of Space: Class A
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/26/2021

Overview / Comments

Located in the heart of downtown Tallahassee, this class-A downtown office features 8,889 sq ft office space that is divided into two separate suites. The first floor is approximately 5,000 sq ft and is currently rented and would provide rental income to the new owner. The property features large executive offices, multiple conference spaces, tons of storage and work areas, high ceilings and unique brickwork and wood features throughout. The second floor, consisting of 2,889 sq. ft. is accessed via a private separate entrance from the front of the building. This space would be ideal for a purchaser to occupy and have rental income from downstairs tenants or would be expansion space for a purchaser in the future at the end of the leases. Both floors feature multiple restrooms two with showers. in addition to the on-site parking in front fo the building, the is ample on-street meter parking along Calhoun St and the surrounding blocks as well as, contract parking less than a block away from the corner of Calhoun St and College.

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 2136250821370
Property Visibility: Excellent
Area Description: Located on South Calhoun Street between East College and East Park Avenue this Class-A building is in the heart of downtown Tallahassee. The property is a 3-minute walk to the State Capital complex and the County Courthouse & Annex and offers convenient access to all other downtown office, restaurants and amenities.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1970
Zoning Description: CC - Central Core
Legal Description: ORIGINAL PLAN PART OF LOT 82 PB 1/10 OR 511/612

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,194 113,235 173,726
Median Age: 27.76 28.39 30.65
Households: 5,338 47,441 72,312


Photograph of Listing Agent

Carlton Dean, SIOR, CCIM

SVN | SouthLand Commercial TALrex.com Member
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