101 Cherry Street

Office for Sale
Catylist Listing ID: 30713347
Property Subtypes: Office Building
Building Size (RSF): 7,107 SF
Gross Building Area: See Agent
Sale Price: $575,000
Unit Price: $80.91 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/8/2021

Overview / Comments

101 Cherry is a 2-story, 7,107 SF office building located in the heart of Downtown Monticello, FL right along the Courthouse Circle. The asset is priced well below replacement cost ($80.90/SF) creating an excellent opportunity for a business owner/investor to acquire the property for a low basis and do some aesthetic renovations. The property consists of numerous private offices, 4 bathrooms, open space for cubicles or collaborative space, an elevator, an expansive boardroom accompanied with a kitchen, the "president's suite", an outdoor patio overlooking the Courthouse Circle, and it's own private parking lot containing 6 parking spaces. Inquire today about purchasing this Monticello, FL landmark.

Priced Well Below Replacement Cost
Strategically Located
High Walkability
Private Parking Lot Included

Attachments & Media

Additional Details

Nearest MSA: Tallahassee
County: Jefferson
Tax ID/APN: 00-00-00-0360-0000-0360

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,992 8,658
Median Age: 42.06 44.02
Households: 1,605 3,088
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Tallahassee Board of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.