For Sale
$3,500,000

2726 Monroe St Tallahassee, FL 32303

51-Key Hotel, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional investment opportunity: A well-maintained 51-key Howard Johnson hotel in Tallahassee, Florida. This established property boasts 21,198 square feet on a 1.1-acre lot (47,916 square feet), strategically located at 2726 N Monroe St, Tallahassee, FL 32303, in Leon County, zip code 32303. Built in 1985, the two-story hotel offers ample parking. The asking price is $3,500,000. This turnkey operation is situated in a high-growth area with strong surrounding demographics, featuring robust median and average household incomes within 1, 3, and 5-mile radii. The property is zoned CP. This presents a compelling financial opportunity for investors seeking a well-established hotel in a prime Tallahassee location. The property's size and location make it an attractive investment prospect. Further details are available upon request.

Highlights

  • 51-key Howard Johnson hotel in Tallahassee, FL.
  • 21,198 sq ft building on a 1.1-acre lot.
  • Located at 2726 N Monroe St, Tallahassee, FL 32303.
  • Asking price: $3,500,000.
  • Turnkey operation in a high-growth area with strong demographics.

Property Details for 2726 Monroe St

Property type
Hospitality properties, Hotels
Lot Size (sq. ft)
47,916 SF

Location Insight

City
Tallahassee
County
Leon
State
Florida
Latitude
30.4498313
Longitude
-84.281002

FAQs

What type of property is this?
Hospitality property - 51-Key Hotel, Prime Location
Where is the hospitality property located?
The property is located at 2726 Monroe St Tallahassee, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 51-key Howard Johnson hotel in Tallahassee, FL.; 21,198 sq ft building on a 1.1-acre lot.; Located at 2726 N Monroe St, Tallahassee, FL 32303.
How can I contact the broker?
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2726 Monroe St
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