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: 2/3/2021

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
Zoning: OFFICE RESIDENTIAL 2
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

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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

Contact

Photograph of Listing Agent

Brian S. Messer, CCIM

The Naumann Group Real Estate, Inc. TALrex.com Member
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