Catylist ID:
#30860953
| Catylist Listing ID: | 30860953 |
| Property Subtypes: | Office Building |
| Building Size (RSF): | 21,125 SF |
| Gross Land Area: | 0.77 Acres |
| Sale Price: | $1,856,000 |
| Unit Price: | $87.86 PSF |
| Property Use Type: | Investment, Vacant/Owner-User |
| Building Name: | Midtown Bldgs For Sale 115 E Georgia St & 506/508 N Monroe St |
| Class of Space: | Class C |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 12/4/2023 |
Overview / Comments
|
Offering consists of two buildings on two separate parcels 115 E Georgia St is 19,445 gross SF. This multiple-tenant, two-story building is located on the corner of North Monroe St & East Georgia St. One-Lane Drive-Thru in rear of building. Built 1959. PID #2136401663840 506/508 N Monroe is a 1,680 SF+/- two-story block building with multiple tenants. Commercial 1st floor / Residential 2nd floor. Built 1960. PID#2136401633825. 43 parking spaces, 5 of which are covered Additional parking along the street Lighted signal with dedicated turn lane on N Monroe St Signage on N Monroe St Detailed financials available with Confidentiality Agreement Traffic count 31,000 FDOT |
Attachments & Media
Additional Details
| Nearest MSA: | Tallahassee |
| County: | Leon |
| Taxing Authority: | Leon |
| Tax ID/APN: | 2136401663840 & 2136401633825 |
| Zoning: | CU-45 CENTRAL URBAN |
| Property Located Between: | E Georgia St & E Carolina St |
| Property Visibility: | Excellent |
| Airports: | Tallahassee International Airport |
| Area Description: | Midtown Tallahassee just on the edge of downtown near Hotel Duval and the new Industry Apartments. |
| Total Number of Buildings: | 2 |
| Number of Stories: | 2 |
| Year Built: | 1960 |
| Parking Description: | 43 spaces which include 5 covered spaces |
| Total Parking Spaces: | 43 |
| Zoning Description: | Central Urban -45 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 16,416 | 111,507 | 176,325 |
| Median Age: | 29.04 | 28.36 | 30.89 |
| Households: | 6,469 | 46,819 | 73,336 |
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