Downtown Mixed-Use Building with
For Sale
$725,000
227 E PALMER AVE, Tallahassee, FL 32301
COMMERCIAL - Tallahassee, FL
Property SizeContact for details
Lot Size0.22 Acres
Days on Market396
Property Features for 227 E PALMER AVE
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
12
Lot features
Level
Directions
S. MONROE PAST CAPITOL FOR 4 BLOCKS THEN LEFT
Subdivision
Leon
Standard status
Active
Lot size
0.22 Acres
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Number of units
1
Building materials
Block, Concrete
Listing Agency:
Communitywide Realty
(850) 893-2115
Listed By:
Bob Teel · License #0117400
(850) 545-6010
Added: Jul 11, 2025
Changed: Aug 4
Last Checked: Aug 10 at 9:06AM
MLS# 388571
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.
Investment Insights
Based on property information with market context.
This downtown mixed-use building is currently set up to support retail and office space alongside warehouse-style operations. The property’s configuration also includes space that, according to the remarks, could be adapted for a different mix of uses, including retail or office units along the front area and warehouse space toward the backside of the building.
Located at 227 E Palmer Ave in Tallahassee, the area is described as undergoing upgrades with new restaurants and entertainment businesses nearby. A city park is noted as approximately three blocks away.
For tenants or buyers looking for flexible commercial space, the existing retail/office/warehouse arrangement may fit businesses that need both customer-facing and back-of-house functionality. The stated redevelopment concept—industrial-style living units paired with additional front-area retail or office space and retained warehouse space—may also appeal to operators interested in a mixed-use layout. Any final use potential would need to be confirmed through applicable approvals and permitting based on the intended configuration.
Located at 227 E Palmer Ave in Tallahassee, the area is described as undergoing upgrades with new restaurants and entertainment businesses nearby. A city park is noted as approximately three blocks away.
For tenants or buyers looking for flexible commercial space, the existing retail/office/warehouse arrangement may fit businesses that need both customer-facing and back-of-house functionality. The stated redevelopment concept—industrial-style living units paired with additional front-area retail or office space and retained warehouse space—may also appeal to operators interested in a mixed-use layout. Any final use potential would need to be confirmed through applicable approvals and permitting based on the intended configuration.
Key Highlights
- Potential for conversion to New York industrial‑style living units.
- Current space suitable for retail, offices, and warehouse operations.
- Prime downtown location.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
30k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 86%
Dining 14%
Dollar Tree
Shops & Services
16,116 visits/mo
0.4 miles
Sunoco
Shops & Services
5,597 visits/mo
0.3 miles
SUBWAY
Dining
4,261 visits/mo
0.4 miles
Avis Budget Car Rental
Shops & Services
2,059 visits/mo
0.3 miles
Advance Auto Parts
Shops & Services
1,785 visits/mo
0.4 miles
Demographics for 32301, FL
29,686
Population
17,029
Households
1.7
Avg Household Size
32
Median Age
45%
College-Educated
92%
High-School Grad
10.2 sq mi
ZIP Area
2,910
Density / Sq Mi
$50,412
Median Household Income
$34,271
Median Earnings
$1,200
Median Rent
$211,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Building currently supports retail, office, and warehouse-style operations with possible reconfiguration for mixed uses.
Where is this mixed-use property located?
The property is located at 227 E PALMER AVE Tallahassee, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Potential for conversion to New York industrial‑style living units.; Current space suitable for retail, offices, and warehouse operations.; Prime downtown location.
