Midtown Office For Sale - Investment or Owner/User

501 E Tennessee St Tallahassee, FL 32308

501 E Tennessee St , Tallahassee, FL, 32308
501 E Tennessee St , Tallahassee, FL, 32308 501 E Tennessee St , Tallahassee, FL, 32308 501 E Tennessee St , Tallahassee, FL, 32308 501 E Tennessee St , Tallahassee, FL, 32308 501 E Tennessee St , Tallahassee, FL, 32308 501 E Tennessee St , Tallahassee, FL, 32308 501 E Tennessee St , Tallahassee, FL, 32308 501 E Tennessee St , Tallahassee, FL, 32308 501 E Tennessee St , Tallahassee, FL, 32308 501 E Tennessee St , Tallahassee, FL, 32308
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,400,000
Last Verified:
Aug 16, 2024

Daily Email Blast
0 times


Highlights

  • High Visibility Corner
  • Centrally Located
  • Investor or Owner/User
  • Currently 100% leased

Description

Introducing an exceptional investment opportunity in Tallahassee, FL:
501 E Tennessee St. This prime property features an 8,166 SF building with 5 individual rental units. The unique floor plan has potential to combine multiple units offering versatility and potential for a prospective Office Building investor or Owner/User. Boasting a rich history dating back to 1940 and benefitting from a significant renovation in 1988, this property combines timeless charm with modern functionality. Zoned Central Urban there is an opportunity for a wide range of commercial uses. Don't miss the chance to secure a stake in this sought-after Tallahassee location.

SE corner of Meridian & E. Tennessee Sts. across from Leon High School


Year Built: 1940
Building Size: 8166sq ft
Building Class: C
Lot Size: 0.45 acres


Documents

501 E Tennessee Sale

Map of 501 E Tennessee St , Tallahassee, FL, 32308

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.