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336 E College Ave
Tallahassee, FL 32301
Rare Owner Occupied / Investment Office Sale · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Owner Occupied / Investment Office for Sale!
- 85% Leased
- Build Wealth Through Ownership - Tenants Pay your Mortgage
- "Landmark" building located in the Downtown Tallahassee
- Approximately 2,000sf Available for Occupancy - Ground Floor. Numerous Capital Improvement/Upgrades
EXECUTIVE SUMMARY
Outstanding Opportunity to occupy office space in Historic Downtown Tallahassee. The building has been recently remodeled with new exterior improvements, such as installing modern windows, fresh paint and new entrance and exit doors. Its close proximity to the State Capitol truly make this building unique. The property is within walking distance of the Leon County Courthouse, State Capitol Buildings, and City Hall. Also, the building is strategically located within proximity to various restaurants, hotels, and numerous other commercial venues.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Building Size
14,607 SF
Building Class
B
Year Built
1988
Price
$1,900,000
Price Per SF
$130.07
Cap Rate
8.88%
NOI
$168,750
Percent Leased
64%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,869 SF
Slab To Slab
10’
Building FAR
2.79
Lot Size
0.12 AC
Zoning
Commercial
Parking
15 Spaces (1.03 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Conferencing Facility
- Property Manager on Site
- Kitchen
- Natural Light
- Shower Facilities
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 21-36-25-076-131.0 | Improvements Assessment | $740,912 |
| Land Assessment | $146,356 | Total Assessment | $887,268 |
PROPERTY TAXES
Parcel Number
21-36-25-076-131.0
Land Assessment
$146,356
Improvements Assessment
$740,912
Total Assessment
$887,268
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