16
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$190,000
Est. payment /mo
1,600 SqFt
New
2522 NE Capital Circle Tallahassee, FL 32308
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Additional details
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $118
MLS Listing ID 403178
Construction Status Concrete Block,Metal Building
Lot Size 871 Sqft
Property Sub-Type Office
Property Description
Rare Opportunity on Capital Circle NE – Tallahassee, Florida Own a highly visible landmark location on Capital Circle NE in Tallahassee for just $190,000. This 1,600-square-commercial condo offers exceptional value and flexibility for a wide range of uses, including professional office, medical, retail, showroom, studio, or creative workspace. An added advantage is the ability to divide the space into two separate 800-square-foot suites. If your business only requires one suite, you can lease the second unit to generate additional income, helping offset your ownership costs while benefiting from the strong demand and premium rental rates that a Capital Circle NE location can command. Whether you're an owner-occupant, investor, or entrepreneur looking to build equity instead of paying rent, this property presents a rare opportunity to own a versatile commercial space in one of Tallahassee's most recognizable and highly traveled business corridors. The interior is currently configured with standard office-height drop ceilings, but the rear portion of the building can be opened to reveal over 12-foot ceilings, creating a unique, adaptable space that is difficult to find in today's market. Whether you need traditional office space or a more open, industrial-style environment, this property can be tailored to fit your vision. With excellent visibility, easy access, and outstanding potential, this is a rare opportunity to own a distinctive commercial property in one of Tallahassee's most recognizable locations. Schedule your showing today and discover the possibilities. Let's Go!! Rare Opportunity to Own a Commercial Condo on Capital Circle NE! The property is zoned Commercial Parkway (CP), a designation intended for high-visibility commercial development along major arterial roadways such as Capital Circle NE. This versatile zoning supports a broad range of commercial uses, making it an excellent choice for owner-occupants and investors alike. The site offers ample parking and features dual driveway access from Capital Circle NE, allowing for convenient ingress and egress while promoting safe and efficient traffic flow. Commercial space in this corridor is consistently in high demand. Current market lease rates range from approximately $15 to $25 per square foot, with very few vacancies available for lease and even fewer opportunities to purchase. This combination of strong rental demand, limited inventory, and exceptional visibility creates an outstanding opportunity for an owner-user or investor seeking long-term value and income potential.
Location
State FL
County Leon
Area Leon
Interior
Heating Central Individual
Cooling Central Individual
Building
Construction Status Concrete Block,Metal Building
Others
SqFt Source Tax
Listed by William "Bill" Poole