2698 N Monroe St

2698 N Monroe St , Tallahassee, Florida, 32303 | 16,000 sq.f | $ 2,600,000

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About This Restaurant

Investment Highlights

Executive Summary

Iconic, former 16,000 +/- sf restaurant for sale in a verybusy retail corridor on N Monroe. The building can be setup for multiple tenants if the buyer wishes to do so. Thereis plenty of parking with over 125 paved spaces. Excellentvisibility on N Monroe with over 266 +/- feet of frontage. There are multiple access points and a dedicated turn lane off of N Monroe. There is an additional .5-acre property for sale next door at 2512 Balsam Terrace, which can be viewed at the following:http://properties.tlgproperty.com/2512-Balsam-SALE.Located on N Monroe Street and less than 1/2 mile to the I-10 Interchange.

Property Details

  • Sale Type    Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    16,000
  • Building Class    B
  • Year Built    1972
  • Price    2,600,000
  • Price Per SF    163
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.23
  • Land Acres    1.60 AC

Amenities

  • Dedicated Turn Lane

Nearby Amenities & Transportation

Retail Denny's
Retail Red Lobster
Retail Tom Thumb
Retail Guthrie's
Retail Sonny's BBQ
Retail The Melting Pot
Retail Cracker Barrel Old Country Store
Retail Longhorn Steakhouse
Retail Youfit Health Clubs
Retail Dreamland Bar-B-Que

Property Taxes

Parcel Number 21-23-20-008-000.0 Improvements Assessment $557,568
Land Assessment $620,492 Total Assessment $1,178,060
Date Created: 2024-07-16 04:13:32 Last Updated: 2024-07-16 04:13:32
Address: 2698 N Monroe St , Tallahassee, Florida, 32303