For Sale
$5,000,000

818 Brevard StTallahassee, FL 32304

Prime location, high rental income potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Tallahassee investment opportunity encompasses an entire city block on West Brevard Street, near Florida State University. The property includes multiple buildings and vacant lots, totaling approximately 0.7 acres, all zoned CU-18. The existing structures offer a diverse mix of commercial uses, including restaurant, storefront, and storage spaces. One building features 2,128 square feet and houses a vacant lot currently generating $2,500 monthly from a food truck tenant. Another building, at 998 square feet, is partially tenant-occupied, generating $1,000 in monthly rental income. A duplex at 912 square feet brings in $1,400 monthly from two tenants. A second duplex, totaling 2,188 square feet, is currently vacant. Additional vacant lots provide further development potential. The asking price for this entire block is $5,000,000. Buyer is responsible for verifying all square footage. This presents a unique chance to acquire a substantial mixed-use property in a high-demand area with significant income potential and redevelopment possibilities. The property's address is 818 W Brevard St, Tallahassee, FL 32304.

Highlights

  • $5,000,000 asking price for an entire city block of mixed-use properties in Tallahassee, FL.
  • Located on West Brevard Street near Florida State University.
  • Zoned CU-18.
  • Includes multiple buildings totaling approximately 7,226 square feet, plus vacant lots.
  • Current income includes a $2,500/month food truck lease, a $1,000/month tenant lease, and a $1,400/month multi-tenant lease.
  • Buyer responsible for verifying square footage.

Property Details for 818 Brevard St

Property type
Retail properties, Restaurants

Location Insight

City
Tallahassee
County
Leon
State
Florida
Latitude
30.4494179
Longitude
-84.2961539
818 Brevard St, Tallahassee, Florida

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818 Brevard St
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