Redevelopment Opportunity, North Monroe

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30204735
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Other
Building Size (RSF): 8,390 SF
Gross Land Area: 2.33 Acres
Sale Price: $1,980,000
Unit Price: $236 PSF
Property Use Type: Investment
Building Name: Former Roosters / Roadhouse Grill
Usable Size (USF): 8,390 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/22/2019

Overview / Comments

Redevelopment opportunity: Large 2.33 acre infill parcel close to the new Centre of Tallahassee (New home of 3 state offices with 2,000+ employees). On popular N Monroe Street near the I10/Hwy 27 interchange. Current building is approx 8400 SF. 142 parking spaces, and has excellent visibility.
2226 n monroe st, tallahassee, fl

Additional Details

Nearest MSA: Tallahassee
County: Leon
Taxing Authority: leon county
Tax ID/APN: 2124206530000
Zoning: COMMERCIAL PARKWAY
Retail Clientele: General, Business
Property Located Between: John Knox Rd & Universal Drive
Property Visibility: Excellent
Largest Nearby Street: n monroe street
Feet of Frontage: 215
Traffic/Vehicle Count: 36,500
Highway Access: I-1- just a couple of blocks north
Site Description: Redevelopment opportunity: Large 2.33 acre infill parcel close to the new Centre of Tallahassee (New home of 3 state offices with 2,000+ employees). On popular N Monroe Street near the I10/Hwy 27 interchange. Current building is approx 8400 SF. 142 parking spaces, and has excellent visibility. 2226 n monroe st, tallahassee, fl
Area Description: Popular N Monroe Street. Close to I-10 and near the new Centre of Tallahassee (new home of 3 state offices with 2,000+ employees)
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1995
Total Parking Spaces: 142
Parking Type: Surface
Parking Description: surface parking
Zoning Description: Commercial Parkway

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,180 97,821 176,253
Median Age: 32.27 29.72 31.18
Households: 5,148 41,177 73,324
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