927-931 N Monroe St
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927-931 N Monroe St
8,742 SF 100% Leased Retail Building Tallahassee, FL 32303 $4,181,536 CAD ($478 CAD/SF)
Investment Highlights
- Comprises three units, providing flexibility for tenant arrangements
- Zoned CU45, offering versatility for a variety of commercial uses
- Ideal for Retail / Free Standing Building investors seeking a prominent presence
- Thoughtfully renovated in 2024 to meet modern standards
- Prime investment opportunity in a dynamic and growing market
- Fully Executed NDA required for additional information, financials, and tours
Executive Summary
Introducing an exceptional opportunity for Retail / Free Standing Building investors, this prime property at 927-931 N Monroe St, Tallahassee, FL, 32303 stands as a testament to timeless appeal and modern functionality. Boasting a total of 8,763 SF across three units, this meticulously renovated building offers a compelling investment proposition. Built in 1956 and thoughtfully revitalized in 2024, the property exudes a perfect blend of historic charm and contemporary updates. Zoned CU45, it is ideally positioned to leverage the rising potential of the thriving Tallahassee area. With its strategic location and impressive features, this property presents an attractive prospect for investors seeking a prominent presence in this dynamic market.
Sale includes Property, Existing Leases, and one (1) Business. Additional information available after a Non-Disclosure Agreement (NDA) has been fully executed. Businesses still in operation; please reach out to an agent to schedule a tour.
Sale includes Property, Existing Leases, and one (1) Business. Additional information available after a Non-Disclosure Agreement (NDA) has been fully executed. Businesses still in operation; please reach out to an agent to schedule a tour.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,742 SF
Building Class
B
Year Built/Renovated
1956/2024
Price
$4,181,536 CAD
Price Per SF
$478 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.56
Land Acres
0.36 AC
Zoning
CU-45 - CU-45. Zoning guidelines are attached.
Parking
16 Spaces (1.83 Spaces per 1,000 SF Leased)
Frontage
114 ft on N Monroe St
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
Walk Score ®
Very Walkable (74)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 21-25-45-000-050.0 | Improvements Assessment | $431,962 CAD |
| Land Assessment | $163,742 CAD | Total Assessment | $595,704 CAD |
PROPERTY TAXES
Parcel Number
21-25-45-000-050.0
Land Assessment
$163,742 CAD
Improvements Assessment
$431,962 CAD
Total Assessment
$595,704 CAD
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927-931 N Monroe St
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