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Retail Duplex Under Renovation
For Sale
$285,000

320 N Cherry Street, Monticello, FL 32344

CommercialSale, Monticello, FL

Property SizeContact for details
Lot Size0.05 Acres
Days on Market77

Property Features for 320 N Cherry Street

General Information

Property type Commercial Sale
Property subtype Retail
Lot features Level
Directions Courthouse N 2 blocks, R-Pearl St. Property on left
Subdivision Jefferson
Standard status Active
Lot size 0.05 Acres

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Building materials Block, Concrete
Listing Agency: Kelly & Kelly Properties, Inc
Listed By: Barry Kelly · License #308602
Added: Jun 23 Changed: Aug 19 Last Checked: Sep 7 at 10:06PM
MLS# 401828

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 block-and-concrete retail property is arranged as a duplex with units at 310 and 320 N. Cherry Street. Each side includes a bathroom, providing separate commercial spaces within one building. The property is currently being renovated, with a new roof installed in 2025, updated front windows, and new vinyl plank flooring across most of the interior.

Central heating and central air conditioning serve the building, and the property has public water service. The two-unit layout supports separate occupancy within a single retail asset.

Key Highlights

  • Duplex configuration with units at 310 and 320 N. Cherry Street
  • Each commercial unit includes a bathroom
  • New roof installed in 2025

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Electrical Service Kitchen & Bath Showroom Furniture & Home Goods (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

416
Businesses Nearby
Balanced
Demand for This Use

Demographics for 32344, FL

12,705
Population
5,988
Households
2.1
Avg Household Size
49
Median Age
21%
College-Educated
87%
High-School Grad
444.6 sq mi
ZIP Area
29
Density / Sq Mi
$52,222
Median Household Income
$37,131
Median Earnings
$776
Median Rent
$208,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Gelling’s Florist 190 E Dogwood St, Monticello, FL 32344

Frequently Asked Questions

What type of property is this?
Storefront property - Two commercial units offer separate spaces, each with its own bathroom and central heating and air conditioning.
Where is this storefront property located?
The property is located at 320 N Cherry Street Monticello, FL.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Duplex configuration with units at 310 and 320 N. Cherry Street; Each commercial unit includes a bathroom; New roof installed in 2025
More about this property
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