2555 N Monroe Street Active Save Request In-Person Tour Request Virtual Tour
Tallahassee,FL 32303
Key Details
Property Type Commercial
Sub Type Auction Property
Listing Status Active
Purchase Type For Sale
Square Footage 20,606 sqft
Price per Sqft $72
MLS Listing ID 383512
Lot Size 1.450 Acres
Property Sub-Type Auction Property
Property Description
BIDDING HAS OPENED AT $1,500,000 for this Fully Leased Multi-Tenant Commercial Property on Monroe Street – A Prime Tallahassee Investment! A rare opportunity to own a fully leased multi-use commercial property on North Monroe Street, one of Tallahassee's busiest and most visible corridors. Spanning 20,606+ square feet on 1.45 acres, this three-unit property is occupied by established tenants, each of whom has invested in renovations, demonstrating their long-term commitment. Strategically located near the I-10 flyover and just minutes from downtown, this high-traffic location ensures strong rental demand and long-term investment value. Property Highlights: Fully Leased with Reliable Income: Three long-term tenants with active leases provide immediate and stable cash flow. Prime North Monroe Street Location: Positioned in a high-traffic area with exposure to 30,000+ vehicles per day, offering excellent visibility and accessibility. Versatile Multi-Use Zoning: Ideal for retail, office, or mixed-use businesses, allowing flexibility for current tenants and future leasing opportunities. Fenced Outdoor Space: One unit includes a private fenced rear area, perfect for storage, operations, or additional business use. Side Parking Lot for Maximum Convenience: A spacious parking lot runs the length of the property along the side, providing easy access for tenants, customers, and deliveries. Adaptable Interior Layouts: The 20,606+ square feet are well-divided into three tenant spaces, each with functional layouts tailored to business needs. Strong Tenant Retention & Improvements: All tenants have invested in upgrades to their spaces, reinforcing the property's appeal and long-term leasing stability. Minutes from Downtown & Major Business Hubs: Located near the Florida State Capitol, downtown Tallahassee, and major commercial districts, ensuring continued demand and long-term growth potential. This turnkey investment offers stable income, a prime location, and long-term appreciation potential in one of Tallahassee's most sought-after commercial corridors. Don't miss this opportunity!
Location
State FL
County Leon
Area Nw-02
Interior
Heating Central Building
Cooling Central Building
Others
Acceptable Financing Cash,Conventional,Private,Other
Listing Terms Cash,Conventional,Private,Other
Virtual Tour https://my.matterport.com/show/?m=cPQjFJyupbr