259 E 7th Ave - Office FOR SALE


Tallahassee, FL 32303- Lake Ella
$1,250,000 USD
850-933-6587
259 E 7th Ave, Tallahassee, FL for Sale
$1,250,000 USD
Office - FOR SALE
1/42
null | Request Cap Rate

259 E 7th Ave
Tallahassee, FL 32303
Lake Ella


HIGHLIGHTS

  • Great Midtown Location
  • 20 Plus parking spaces

OVERVIEW

Prime Midtown Opportunity – 259 East 7th Avenue, Tallahassee. Nestled in the heart of Midtown, this one-of-a-kind property offers incredible potential in one of Tallahassee’s most desirable locations. Originally built in 1937, the property features two distinct structures on a spacious 0.46-acre lot, zoned for both commercial and residential use. The main structure is an all-brick, two-story, 5,260 SF building, originally designed as four residential dwellings. Most recently, it served as an upscale hair salon, showcasing its versatility for business or residential conversion. At the rear of the property, a 1,801 SF, two-story residential building adds even more flexibility, whether for rental income, owner-occupancy, or additional business use. With 24 parking spaces and ample room for expansion, this property presents a rare opportunity to develop additional residential units or maximize its commercial potential. Enjoy the prime Midtown location, just steps from Lake Ella and walking distance to shops, restaurants, and entertainment. Recent upgrades include new roofs (2020) and brand-new windows (December 2024).Don't miss this rare investment opportunity with huge upside potential in one of Tallahassee’s most sought-aft er districts!

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

CU-45

APN/PARCEL ID

21-25-43-00A-001.0

ASK ABOUT THIS PROPERTY

Brian MesserThe Naumann Group Real Estate, IncMore Info
850-933-6587

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Brian MesserThe Naumann Group Real Estate, IncMore Info
850-933-6587

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.