SOMO BLOCK MONROE @ PERSHING

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30275746
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Garden Center, Mixed Use, Parking Facility, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 2,600 SF
Gross Building Area: See Agent
Gross Land Area: 1.23 Acres
Sale Price: $875,000
Unit Price: $336.54 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: SOMO / S MONROE @ E PERSHING
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/20/2018

Overview / Comments

**Early bird gets the worm.....this site is in the heart and path of growth. Remember what Gaines Street used to look like? Proof Brewing has bought a block just to the north of this site. North American Properties is developing $170m mixed use project very soon https://cascadesproject.com/ There are other parcels / sites recently sold across the street that are going to be mixed-use. Don't miss out !

Excellent Drive-through site - Cascades area
In the heart of the CRA Sponsored new SOMO district Tallahassee. Excellent visibility, ingress / egress – 3 parcels, with Frontage on corner of S. Monroe St and E. Pershing St, as well as 1447 South Adams St at the LIGHTED interchange of S. Bronough / S. Duval St

PORTFOLIO OF 3 PARCELS - In the new SOMO district Tallahassee. Excellent visibility – 3 parcels, with Frontage on corner of S. Monroe St and E. Pershing St, as well as 1447 South Adams St at the lighted interchange of S. Bronough / S. Duval St
1430 s monroe street
commercial property for sale tallahassee, portfolio

Additional Details

Nearest MSA: Tallahassee
County: Leon
Taxing Authority: leon county
Tax ID/APN: #4104201280000, # #4101200750000 & #410120070000
Zoning: CU-45
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: S Bronough/ S Adams & S Monroe
Property Visibility: Excellent
Largest Nearby Street: S Monroe
Airports: less than 6 miles
Site Description: Excellent Drive-through site - Cascades area In the heart of the CRA Sponsored new SOMO district Tallahassee. Excellent visibility, ingress / egress -- 3 parcels, with Frontage on corner of S. Monroe St and E. Pershing St, as well as 1447 South Adams St at the LIGHTED interchange of S. Bronough / S. Duval St
Area Description: Early bird gets the worm.....this site is in the heart and path of growth. Remember what Gaines Street used to look like? Proof Brewing has bought a block just to the north of this site. North American Properties is developing $170m mixed use project very soon https://cascadesproject.com/ There are other parcels / sites recently sold across the street that are going to be mixed-use. Don't miss out !
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,126 106,159 159,659
Median Age: 23.95 27.93 29.82
Households: 5,739 43,909 66,299
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