Adams Street Warehouse Space

Industrial for Sale
Sale Pending
Also listed as Special Purpose, Retail-Commercial
Catylist Listing ID: 30323936
Property Subtypes: Flex Space, Free-Standing, Mixed Use, Light Industrial, Office Showroom, Other
Status: Pending
Building Size (RSF): 6,000 SF
Gross Land Area: 0.26 Acres
Sale Price: $245,000
Unit Price: $40.83 PSF
Office SF: 6,000 SF
Property Use Type: Vacant/Owner-User
Building Name: South Adams Bike Trail Building
Usable Size (USF): 6,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 50
Last Updated: 1/31/2019

Overview / Comments

All brick building with metal roof. Ideal for many uses. Creative loft style commercial residential uses. 50% occupied with a month to month tenant. Tenant is willing to sign long term lease. The building is clean and well maintained with 4 separately metered units.

Additional Details

Nearest MSA: Tallahassee
County: Leon
Taxing Authority: Leon
Tax ID/APN: 4113200400000
Property Located Between: Four Points Way and Paul Russell Road
Highway Access: Nearest Highway is Woodville Highway
Airports: TLH
Site Description: Flat parcel with bike trail running along the front of it. Great exposure on South Adams with signage.
Area Description: Nice frontage and street signage in a up and coming area of Tallahassee, FL.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 3,000 SF
Property Condition: Average
Year Built: 1900
Year Renovated: 1960
Construction/Siding: Brick
Exterior Description: All brick building with back patio for parking.
Parking Type: Surface
Parking Description: Ample parking at the back of this building.
Total Parking Spaces: 15
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit, Window Unit
Lighting: Incandescent
Internet Access: Cable
Interior Description: 4/1500 SF units. Open plan ready for your business or hobbies.
Zoning Description: Light Industrial (M-1)
Lot Frontage: 100'
Lot Depth: 100'
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: 13 1S 1W .26 A IN NW 1/4 OF NE 1/4 OR 1484/1940 1935/1041

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,537 67,683 132,567
Median Age: 27.16 26.65 28.16
Households: 3,891 26,238 54,473


Photograph of Listing Agent

Brian S. Messer, CCIM

The Naumann Group Real Estate, Inc. Member
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