Downtown Office or Redevelopment Site

Office for Sale
Catylist Listing ID: 30679086
Property Subtypes: Office Building
Building Size (RSF): 2,502 SF
Gross Building Area: See Agent
Sale Price: $450,000
Unit Price: $179.86 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/18/2021

Overview / Comments

428/430 East College Avenue is a well positioned downtown commercial property that is currently being utilized as a dental/medical office. The subject property sits on 3 contiguous lots (.57 of an acre +/-) at the corner of College Avenue and Meridian Road. Given its close proximity to the State Capitol Complex, Downtown, and the new Cascades Park Project, this property has excellent redevelopment/repurposing potential. The site is almost 100% impervious, and has over 32 surface parking spaces. The building on site consists of approximately 2,502 sq. ft. of clinical and administrative office space. While currently being utilized as a dental office, the existing building could be repurposed to a professional office. The building features a reception area for patients, as well as exam rooms, private physician’s office, staff break area, and multiple bathrooms. See attached property brochure for more information.

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 2136250021030

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,244 105,085 173,726
Median Age: 29.44 28.64 30.65
Households: 3,761 43,738 72,312

Contact

Photograph of Listing Agent

Jeff Billingsley

Craig Commercial Realty
TALrex.com Member
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