501 Tennessee St, Tallahassee, FL 32308

10,000 SF | 88% Leased | Office Building | Tallahassee, FL 32308 | $1,400,000 ($140/SF) | 5.47% Cap Rate

Asking Price $1,400,000

Property Type
Office
Square Feet
10,000 SF
Price / Square Foot
$140

Listing Contacts

Eric Stockstill
Eric Stockstill
Jim Taube, CCIM
Jim Taube, CCIM
  • Property Info

Property Overview

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.

Property Details

Class
B
Year Built
1940
Stories
2
Lot Size (sq. ft)
19,602 SF

Highlights

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

All available spaces

Space
2nd Fl-Ste B
Size
1,200 SF

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].