Two Unit Condo Portfolio - Kleman Plaza

Retail-Commercial for Sale
Also listed as Office, Hospitality
Catylist Listing ID: 30550041
Property Subtypes: Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 7,961 SF
Gross Building Area: See Agent
Sale Price: $1,350,000
Unit Price: $169.58 PSF
Property Use Type: Investment, Business
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 2/18/2020

Overview / Comments

Two unit condo portfolio in the heart of Kleman Plaza. The units are located on the ground floor of the Tallahassee Center building, downtown Tallahassee. Unit 101 is currently a Class-A full service restaurant with a significant amount of FF&E (please inquire about a full inventory list). Unit 102 is currently leased to a nightclub operator that will vacant for an owner-occupant or stay should an investor want them to extend their lease (please inquire about terms).

The property is conveniently located two blocks from the State Capitol and one block from Florida State University.

Located two block from the State Capitol Building and one block from Florida Sate University
Unit 101 is 3,970 SF consisting of a full service restaurant
Unit 201 is 3,991 SF consisting of a nightclub
Can be purchased separately
Office and retail use allowed

Attachments & Media

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 2136050008060

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,266 113,042 173,726
Median Age: 25.54 28.19 30.65
Households: 4,890 46,990 72,312
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