Exchange Building: 3rd Floor Office Condo

Office for Sale
Catylist Listing ID: 30209859
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 2,876 SF
Gross Building Area: See Agent
Gross Land Area: 0.07 Acres
Sale Price: $415,000
Unit Price: $144.30 PSF
Property Use Type: Vacant/Owner-User
Building Name: Exchange Building
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/17/2018

Overview / Comments

Situated in the heart of downtown Tallahassee, at the Own Downtown corner of Monroe Street and College Avenue, the Historic Exchange Bank Building is a cornerstone in the history of Tallahassee. Originally built in 1927 , this 5-story landmark is constructed of buff brick with limestone trim and features unique terra-cotta wall ornamentation in a Neo-Egyptian and Greek design. The Exchange Bank Building was one of the first modern private office buildings in Tallahassee and one of the few downtown buildings to have maintained its architectural integrity.

Offered for sale is the 3rd floor office condominium unit consisting of approximately 2,876 +/- gross sq. ft. This floor features an efficient floor plan with 7 private offices and 3 admin/semi private office areas. Every office has a windows. There are two restrooms, a kitchen, mechanical/electrical room, and ample storage in most offices and in the hallway with built in cabinetry.

Condo Dues are currently $1600 per month and that includes utilities. Parking is available for lease from the condo association in the Exchange parking garage, directly behind the building for an additional cost per month.

Attachments & Media

Additional Details

Nearest MSA: Tallahassee
County: Leon
Zoning: CC
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 5
Typical SF / Floor: 2,876 SF
Year Built: 1927

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,462 113,235 173,726
Median Age: 27.28 28.39 30.65
Households: 5,264 47,441 72,312

Contact

Photograph of Listing Agent

Carlton Dean, SIOR, CCIM

SVN | SouthLand Commercial TALrex.com Member
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