University Area Restaurant

Retail-Commercial for Sale
Catylist Listing ID: 30865876
Property Subtypes: Convenience Store, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 2,140 SF
Gross Building Area: See Agent
Gross Land Area: 0.42 Acres
Sale Price: $399,000
Unit Price: $186.45 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Usable Size (USF): 2,140 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/26/2024

Overview / Comments

This free-standing 2,140 sf restaurant is located in the SoMo District of Tallahassee and is a high-traffic area. The property is across from a prominent University and has high visibility as well as a lot of foot traffic.

This property is in proximity to Cascades Park, Downtown, hotels, retail shops, restaurants, FSU & FAMU, Art District, All Saints District, College Town, Doak Campbell Stadium, Bragg Stadium, professional offices, and much more.

Traffic counts on S Adams: 15,500 AADT
Traffic counts on S Monroe: 22,500 AADT

Located in Tallahassee, FL just South of downtown, and across from Florida A&M University.

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 4101204330000
Retail Clientele: General, Family, Other
Property Located Between: S Adams and S Monroe
Site Description: University
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,140 SF
Year Built: 1985

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,362 99,522 155,216
Median Age: 24.03 27.38 29.64
Households: 4,875 40,772 64,514

Contact

Photograph of Listing Agent

Trey DeSantis

TLG Real Estate Services, PLLC
TALrex.com Member
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