1614 S Monroe St, Tallahassee, FL 32301
For Sale
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This exceptional 1,344 square foot office/retail building presents a unique investment opportunity in Tallahassee's thriving SoMo District. Situated on a sizable 0.48-acre lot, the property boasts high visibility from both South Monroe and South Adams Streets, ensuring excellent exposure for any business. The main building offers versatile space, ideal for a variety of uses. Beyond the main structure, a substantial yard includes a pole barn and storage facility, providing ample room for parking, equipment storage, or inventory management – a significant advantage for businesses requiring extra space. The CU-45 zoning allows for considerable flexibility, potentially enabling future expansion into a mixed-use development incorporating residential units, thereby maximizing long-term value. Its strategic location offers unparalleled convenience, being within walking distance of the vibrant SoMo District, Cascades Park, and Florida A&M University, and less than a mile from the Capitol Complex. This property is perfectly positioned to capitalize on the area's growth and offers a compelling blend of charm, functionality, and significant future potential for both business owners and investors. The combination of prime location, versatile space, and flexible zoning makes this a truly exceptional opportunity.
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Suzanne Diambra Landscaping Landscaping General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.