MLS# 383512 – 2555 N Monroe Street, Tallahassee, FL 32303

Price: $1,950,000
Building Size SqFt: 20,606
Lot Size Acres: 1.45
Lot Size SqFt: 63,162
Status: Active
Property Type: Retail
Days on Website: 110

Courtesy of , EXP Realty, LLC

Property Description

BIDDING HAS OPENED AT $1,500,000 for this Fully Leased Multi-Tenant Commercial Property on Monroe Street – A Prime Tallahassee Investment! A rare opportunity to own a fully leased multi-use commercial property on North Monroe Street, one of Tallahassee’s busiest and most visible corridors. Spanning 20,606+ square feet on 1.45 acres, this three-unit property is occupied by established tenants, each of whom has invested in renovations, demonstrating their long-term commitment. Strategically located near the I-10 flyover and just minutes from downtown, this high-traffic location ensures strong rental demand and long-term investment value. Property Highlights: Fully Leased with Reliable Income: Three long-term tenants with active leases provide immediate and stable cash flow. Prime North Monroe Street Location: Positioned in a high-traffic area with exposure to 30,000+ vehicles per day, offering excellent visibility and accessibility. Versatile Multi-Use Zoning: Ideal for retail, office, or mixed-use businesses, allowing flexibility for current tenants and future leasing opportunities. Fenced Outdoor Space: One unit includes a private fenced rear area, perfect for storage, operations, or additional business use. Side Parking Lot for Maximum Convenience: A spacious parking lot runs the length of the property along the side, providing easy access for tenants, customers, and deliveries. Adaptable Interior Layouts: The 20,606+ square feet are well-divided into three tenant spaces, each with functional layouts tailored to business needs. Strong Tenant Retention & Improvements: All tenants have invested in upgrades to their spaces, reinforcing the property’s appeal and long-term leasing stability. Minutes from Downtown & Major Business Hubs: Located near the Florida State Capitol, downtown Tallahassee, and major commercial districts, ensuring continued demand and long-term growth potential. This turnkey investment offers stable income, a prime location, and long-term appreciation potential in one of Tallahassee’s most sought-after commercial corridors. Don’t miss this opportunity!

Open House

Property Details and Features

  • Property Access
  • Road frontage type: Highway,MainThoroughfare
  • Road surface type: Paved
  • Building
  • Construction materials: Brick
  • PrivateRestrooms
  • PublicRestrooms
  • Toal building area: 20606
  • Cooling
  • CentralAir
  • Expenses
  • Insurance: $31,000
  • Heating
  • Central
  • Listing
  • Listing ID: 383512
  • Standard status: Active
  • 49 days on market
  • Lot
  • 1.45 acres
  • Level
  • Parking
  • Paved
  • ParkingSpaces
  • Property
  • Topography: Cleared,Level
  • Roof
  • Metal
  • Security Features
  • SecuritySystem
  • SecurityLights
  • Utilities
  • ElectricityAvailable
  • PhoneAvailable
  • SewerAvailable
  • WaterAvailable

Property Map

$1,950,000 – 2555 N Monroe Street, Tallahassee, FL 32303

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