Property Information – Sale

926 E Park Ave
Tallahassee, Fl, 32301

926 E Park Ave
Price $595,000
Type Sale
Size 0.32 acres
Lease Time Remaining 5 years
Est. Cap Rate 7.71
Listed
Status Listed
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Details

Interested? Call Me!
portrait of Fletcher Dilmore
Fletcher Dilmore

Tallahassee, FL, 32303
850-326-1463
fletcher@teampcg.com

Lic.

Premier Commercial Group & Beck Partners are pleased to bring to market the fully leased historic property located at 926 E. Park Ave. Tallahassee, FL, 32301. 926 E. Park Ave. was originally built in 1931 and sits on the highly desirable and oak tree canopied Park Avenue located less than a mile from Florida’s Capitol in downtown Tallahassee. Currently all3,575 square feet of the building are leased on a five-year term, with two 5 year options to a seasoned day care operator that has been established in Tallahassee for more than 20years. The tenant has made a significant investment in upgrading the interior of the building to meet the strict requirements of a twenty-first century daycare, while also making the exterior entrances ADA compliant. The seller upgraded the HVAC system in2022 and the roof in 2020. This original wood floored building is zoned OR-1 (Office Residential), giving it a wide range of commercial retail & office uses while also allowing for residential use. 926 E. Park Ave. is a great investment opportunity for any buyer looking for stable long-term returns with a secure tenant, while also having a wide array of potential uses if they wish to re-tenant the property in the future.

  • Located in Close Proximity to Downtown Tallahassee
  • Existing 5 year Lease in Place with Seasoned Tenant
  • Recently Remodeled & Updated with New HVAC System in 2022
  • Beautiful & Historic Building with Great Visibility

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