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FJ Black Business Center 2 Office Properties Offered at $1,500,000 in Tallahassee, FL
Investment Highlights
- 1.33 acres suitable for redevelopment
- 75% Occupancy
- CU-45 zoning allows a wide variety of commercial uses
Executive Summary
Two 2-story office buildings situated on 1.33 Acres. 14 different tenants ranging from single office users to 1,800sf suites. Approx. 1 acres with 258' fronting on Tennessee St. is zoned Central Urban (CU-45) allowing residential redevelopment of 45 units per acre. The remaining .28 acres on the south end of the property fronts on Call St. & is zoned RP-2 (Residential Preservation).
Property Facts
| Price | $1,500,000 | Number of Properties | 2 |
| Price / SF | $73.07 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 20,528 SF |
| Status | Active | Total Land Area | 2.28 AC |
| Price | $1,500,000 |
| Price / SF | $73.07 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 20,528 SF |
| Total Land Area | 2.28 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
West Building
541 E Tennessee St, Tallahassee, FL 32308 |
Office | 10,500 SF | 1986 | - |
|
East Building
545 E Tennessee St, Tallahassee, FL 32308 |
Office | 10,028 SF | 1986 | - |
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FJ Black Business Center
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