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

View FullscreenMap

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


Photograph of Listing Agent

Trey DeSantis

TLG Real Estate Services, PLLC Member
© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Tallahassee Board of REALTORS nor Moody's assume any liability for errors or omissions.