Tallahassee, FL 32303,2555 N Monroe Street
Tallahassee, FL 32303,2555 N Monroe Street
Tallahassee, FL 32303,2555 N Monroe Street
Tallahassee, FL 32303,2555 N Monroe Street
Tallahassee, FL 32303,2555 N Monroe Street
Tallahassee, FL 32303,2555 N Monroe Street
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$1,500,000

$1,500,000

Est.Price: ?

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Est. payment /mo

20,606 SqFt


SOLD DATE : 08/14/2025

Key Details

Sold Price $1,500,000

Property Type Commercial

Sub Type Auction Property

Listing Status Sold

Purchase Type For Sale

Square Footage 20,606 sqft

Price per Sqft $72

MLS Listing ID 383512

Sold Date 08/14/25

Construction Status Brick,Roof - Metal

Lot Size 1.450 Acres

Property Sub-Type Auction Property

Property Description

AUCTION! AUGUST 14TH 2:30 PM EST. MINIMUM BID IS $500,000 for this 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: Leased with Reliable Income: Two long-term tenants with active leases provide immediate and stable cash flow. Third Tenant is vacating in September. 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 Ne-01

Interior

Heating Central Building

Cooling Central Building

Exterior

Road Frontage Main Thoroughfare, Paved, U.S. Highway

Building

Construction Status Brick,Roof - Metal

Others

Ownership Every Nation Church

SqFt Source Tax

Acceptable Financing Cash, Conventional, Private, Other

Listing Terms Cash, Conventional, Private, Other

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Listed by EXP Realty, LLC
Bought with EXP Realty, LLC

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agent
EPIC Florida

EPIC Smart Assistant

+1(813) 333-2090

2111 W Swann Ave Suite 103, Tampa, Florida, 33606

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