Redevelopment Opportunity

Industrial for Sale
Catylist Listing ID: 30279323
Property Subtypes: Mixed Use, Warehouse/Distribution
Building Size (RSF): 17,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.18 Acres
Sale Price: $519,000
Unit Price: $30.53 PSF
Ceiling: 12 ft. Clear
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 12/7/2018

Overview / Comments

Property fronts both S Monroe St. and S Adams St. Open space on two floors. Great assemblage opportunity with the neighboring property for redevelopment. Zoned CU-45: Central Urban District. Located on S Monroe St. two blocks south of Cascades Park. Located in an enterprise zone and an area slated for major redevelopment. CRA opportunities for facade improvement and street-scaping.

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Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 41-01-20-079-000.0
Zoning: CU-45
Tenancy: Multiple Tenants
Number of Stories: 2
Typical SF / Floor: 8,500 SF
Year Built: 1939
Parking Ratio: 0.1 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 2
Heat Type: Natural Gas
Lot Frontage: 47 FT - South Monroe St.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,398 103,550 159,659
Median Age: 24.46 27.74 29.82
Households: 5,739 42,718 66,299

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