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2227 N Monroe St Tallahassee, FL 32303

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Sponsored
For Sale
$1,450,000

COMMERCIAL - Tallahassee, FL

Lot size:
0.58 Acres
Days on Market:
2
Last Refresh:
Mar 26 at 3:06 pm

Property Features for 2227 N Monroe St

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
0.58 Acres

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Listing Contact
Brad Kuskin

Compass Florida, LLC

Listing agent Brad Kuskin License #3333122

Listing date Mar 25, 2026

MLS# 397771

Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Profitable Tallahassee Restaurant with Drive-Thru

This is an opportunity to acquire a fully operational Dairy Queen franchise with over 20 years of continuous operating history. The property is located on N. Monroe Street, a high-traffic commercial corridor serving the city's northwest trade area. The offering includes ownership of the building and all improvements, together with the operating business as a going concern, subject to a long-term, fully assignable Absolute NNN ground lease at a fixed rate of $6,000 per month. The business generates approximately $1.3 million in annual gross sales. Verified three-year POS sales history is available to qualified buyers. Estimated EBITDA for an investor/absentee owner ranges from $289,000 to $348,000 annually, with owner-operator EBITDA ranging from $345,000 to $409,000 when management salary is added back. The sale includes the freestanding QSR building with drive-through lane, full commercial kitchen, customer dining room, and all building systems. All furniture, fixtures, and equipment are conveyed in full, including proprietary Dairy Queen soft-serve and frozen treat dispensing machines, Blizzard blending stations, commercial grills and fryers, walk-in cooler and freezer, PAR POS system, drive-through communication and menu board equipment, and all interior and exterior signage. The Dairy Queen franchise agreement, customer goodwill, vendor and supplier relationships, and all assignable licenses and permits are included. The property is situated on a 0.58-acre lot. This offering is suited for an experienced QSR operator, a first-time franchise buyer, or an investor acquiring a stabilized going-concern business. International Dairy Queen, Inc. (IDQ) provides comprehensive onboarding and ongoing franchise support. The current owner is willing to provide a transition period to ensure continuity of operations.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Dairy Queen Grill ... Restaurant

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Tallahassee
County
Leon
State
Florida
Longitude
-84.288651
Latitude
30.470579

FAQs

What type of property is this?
Conventional restaurant - Operating Dairy Queen franchise with real estate and assignable ground lease.
Where is this conventional restaurant located?
The property is located at 2227 N Monroe St Tallahassee, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: - Established Dairy Queen franchise with 20+ year operating history and proven financial performance, generating approximately $1.3 million in annual gross sales.; - High-traffic location on N. Monroe Street in Tallahassee's northwest trade area.; - Strong EBITDA: Estimated $289,000-$348,000 annually for investor/absentee owner, or $345,000-$409,000 for owner-operator.
More about this property
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