Park Ave Office with Rental Income

Office for Sale
Catylist Listing ID: 30703449
Property Subtypes: Office Building
Building Size (RSF): 3,889 SF
Gross Building Area: See Agent
Gross Land Area: 0.25 Acres
Sale Price: $645,000
Unit Price: $165.85 PSF
Property Use Type: Vacant/Owner-User
Building Name: Park Avenue Office Building
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/28/2021

Overview / Comments

Nice 2 story office building with 2 story apartment building. Property is located within walking distance of the FL State Capital building. Very well maintained and easy to find property. Office building has the following: 7 offices, 1 conference room, full kitchen, 2.5 bathrooms, reception area and large storage room.

Additional Details

Nearest MSA: Tallahassee
County: Leon
Taxing Authority: Leon County
Tax ID/APN: 113130 F0040
Property Located Between: North Franklin and North Meridian Street
Property Visibility: Excellent
Airports: TLH
Site Description: Nice flat site with ample parking.
Area Description: Great area with Park Ave frontage. Convenient to Downtown and Cascades Park.
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1925
Year Renovated: 2008
Construction/Siding: Block
Exterior Description: Stucco siding over wood and concrete block frame.
Parking Type: Surface
Parking Description: 1 space on street in front of building. Several spaces in rear of building and apartment
Total Parking Spaces: 8
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Internet Access: Cable, Fiber Optic
Interior Description: Very well maintained law office. Recently repainted inside and out. Spacious offices with lots of windows for natural light.
Zoning Description: CU-45 (Central Urban 45)
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,981 107,137 173,726
Median Age: 29.92 28.79 30.65
Households: 4,687 44,614 72,312


Photograph of Listing Agent

Brian S. Messer, CCIM

The Naumann Group Real Estate, Inc. Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Tallahassee Board of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.