561-227-2672
2738 N Monroe St, Tallahassee, FL for Sale
Hospitality - FOR SALE
1/5
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2738 N Monroe St
Tallahassee, FL 32303
Northwest Tallahassee


HIGHLIGHTS

  • Fee simple 101-key concrete block construction hotel with multiple value-add renovation or repositioning growth strategies available.
  • Multifamily conversion allowed by-right – CP-Commercial Parkway zoning permits multifamily usage without any change in zoning.
  • Robust rebranding upside, with multiple flags available for a buyer, including Rodeway Inn, Park Inn, Super 8 and Travelodge, amongst many others.
  • Easily accessible location directly off N. Monroe Street, visible to 36,000+ daily vehicles, with convenient proximity to Interstate 10.
  • Quickly reach major demand drivers, including FSU, the State Capitol, Tallahassee Regional Airport, government offices, and vital medical centers.
  • Tap into Leon County’s booming tourism market, with over 2.6 million visitors and nearly $900 million in tourist spending during fiscal 2025.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

101

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Loyalty Inn Tallahassee

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1985

PARKING SPACES

75

LAND DETAILS

LAND ACRES

2.26 AC

LAND SF

98,446 SF

ZONING

CP

APN/PARCEL ID

21-14-20-424-000.0

ASK ABOUT THIS PROPERTY

Gabriel ShamayCushman & WakefieldMore Info
561-227-2672

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Gabriel ShamayCushman & WakefieldMore Info
561-227-2672

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