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    220 W Tennessee St Tallahassee, FL 32303

    For Sale
    $1,300,000

    4,846 SF former restaurant building near Florida State University.

    Property size:
    4,846 SF

    Property Features for 220 W Tennessee St

    General Information

    Size
    4,846 SF

    Building Details

    Year built
    1969

    Source: Jim Taube, CCIM Agent Jim Taube, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Tallahassee Retail Investment Opportunity

    Located at 220 W. Tennessee St. in Tallahassee, FL, this property offers a retail investment opportunity. The 4,846 SF building previously operated as a restaurant and is situated on a high-traffic corner. The location is four blocks from the Florida State Capitol Building and three blocks from Florida State University. The "Central Core" (CC) zoning allows for a variety of commercial uses, including restaurants, banks, hotels, auto rentals, or high-density residential development up to 150 units per acre. The property is located on the NE corner of Tennessee and Bronough Streets in a high-traffic location with 38,300 AADT. With other redevelopment projects taking place nearby, this property offers potential for redevelopment.
    Location Intelligence

    Current Use by Public Records

    Fast Payday Loans, ... Loan Agency

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Law Firm Hair Salon Clothing Store

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

    Similar Places Nearby

    Convenient Healthy Snacks, LLC, Centre Catering, Tally Arepas, Judy's Creation, Nefetari's

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2839704
    Latitude
    30.4449546

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    FAQs

    What type of property is this?
    Restaurant - 4,846 SF former restaurant building near Florida State University.
    Where is this restaurant located?
    The property is located at 220 W Tennessee St Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Tallahassee, near the State Capitol and Florida State University; - High-traffic corner location with 38,300 AADT; - Intense Commercial (CC) Zoning allows for diverse uses
    (850) 545-5649
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    220 W Tennessee St Tallahassee, FL 32303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    220 W Tennessee St Tallahassee, FL 32303
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