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Map
$420,620*
●
Commercial -
Off Market
1109 W THARPE
TALLAHASSEE, FL 32303
Studio
0 Bath
4271 Sqft
$270,000 - $330,000
Reference Base Price*
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
**Price reduced** Exceptional value add opportunity awaits inside
this freestanding/storefront building in excellent residential
area. Featuring an exceptional location in high residential and
area on highly visible Tharpe St frontage (28,500 daily vehicles),
fantastic retail opportunity awaits. Featuring dedicated front,
side, & rear parking spaces and 68' of frontage, and a new roof as
of late 2019, this one-story, 4,271 sq ft building is currently
vacant and ready for redevelopment and the right tenants. The
potential for multiple tenants after subdividing the building or
for restaurant/retail space awaits. Offered cap rate based on $8/ft
NNN to potential tenants. New roof late 2019.
The manager has listed the unit size as 4271 square feet.
The manager has listed the unit size as 4271 square feet.
Unit Size
4,271Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$70
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2020 | No longer available | - | |
| No longer available | |||
| Jan 25, 2020 | Price Decreased |
$300,000
↓ $19K
(6%)
|
|
| Price Decreased | |||
| Nov 29, 2019 | Listed | $319,000 | |
| Listed | |||
Property Highlights
Air Conditioning
1109 W THARPE
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Multifamily
9
Beds
4
Baths
2,562 ft²
$117/ft²
$299,900
Feb 4, 2023
-
$217/mo
In Contract
House
4
Beds
3
Baths
2,399 ft²
$112/ft²
$268,000
Dec 29, 2022
-
$322/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
11/29/2019
|
|
Loft
|
-
|
4271 ft²
|
$319,000
Loft
-
4271 ft²
|
-
-
|
-
|
-
|
Building Info
