$1,950,000

2555 N Monroe Street, Tallahassee, FL 32303

  • 20,606 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon1.45acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $95/sqft
  • Property List Date Icon Listed 3 months ago

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!

Listing Status:
Active
Date Added:
March 22, 2025 at 05:00AM
Listing Office:
EXP Realty, LLC : 888-883-8509
MLS ID:
383512
  • A/C: Central Air
  • Heating: Central

This listing courtesy of EXP Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

The School of Arts & Sciences Centre

2415 N Monroe St, Tallahassee, FL, 32303

Grades KG-8

0.28 miles away

T

The School of Arts & Sciences Centre

2415 N Monroe St, Tallahassee, FL, 32303

Grades KG-8

0.28 miles away

A

Amos P. Godby High School

1717 W Tharpe St, Tallahassee, FL, 32303

Grades 9-12

1.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.