109 4Th Ave Tallahassee, FL 32303
This exceptional multi-use office building, located at 109 W 4th Ave in Tallahassee, FL, presents a unique investment opportunity. Priced at $457,000, this 0.17-acre property boasts 9 parking spaces and offers versatile space ideal for a variety of professional uses, including creative, executive, or medical offices. The building features hardwood floors, fireplaces, and high ceilings throughout, creating an elegant and functional workspace. The interior comprises six private offices (four of which are large), two private restrooms, a shared kitchen, and a shared waiting area. One office could easily be converted into a conference room. The property's layout also allows for flexible use, potentially accommodating live/work arrangements. The building's history includes use as a therapy office and attorney's office, demonstrating its adaptability to various professional services. Its proximity to Florida State University, the Florida Capitol, government offices, dining, and shopping enhances its appeal. The property includes a handicap ramp for accessibility and shared driveway access. The building's charming 1940s character is complemented by multiple smaller breakout areas, and the kitchen is equipped with a stove, making it suitable for a complete live/work experience. This property is zoned for both residential and commercial use. Note: No assignment of contract or owner financing is available. No wholesalers.
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Anderson James W Law Firm
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Terese N. Herring MS Counselor
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Cindy Wall, LMHC Counselor Family Counselor
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Lisa Bolhouse Foster Care Service Social Service Agency
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Savlov & Anderson Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.