216 Lake Ella Dr
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216 Lake Ella Dr
2,903 SF 100% Leased Office Building Tallahassee, FL 32303 £508,593 (£175/SF)
Investment Highlights
- Sought after Midtown/Lake Ella district: rated as very walkable (Walk Score of 83).
- 91,100 residents live within 3-square miles of the property: population growth of 4.2% is expected between '24-'29.
- High visibility: passed by 35,400 daily drivers via Lake Ella Drive SE.
Executive Summary
Zoned CU-45. First time on the market in 23 yrs! A GEM in a sought after Midtown/Lake Ella district. This is more than a business venue—it's a sanctuary which sits on 3 lots (.65 acre), thoughtfully designed to create a relaxing environment that nurtures the mind, body, and spirit. Imagine starting your venture in a one-of-a-kind, quality built, elegantly timeless architecture where original details are well preserved. The craftsmanship is superior and inspiring. You are immediately drawn to "walk in the park" as you approach the gorgeous building. It has ample parking on the 3 lots and the surrounding public parking. Perfect for anyone seeking a unique setting for their business in Mid-town! A must see!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,903 SF
Building Class
B
Year Built
1938
Price
£508,593
Price Per SF
£175
Percent Leased
100%
Number of Floors
2
Typical Floor Size
1,452 SF
Building FAR
0.10
Land Acres
0.65 AC
Zoning
CU-45 - Central Urban
Parking
7 Spaces (2.41 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Monument Signage
Walk Score ®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 21-25-23-00B-021.0 | Improvements Assessment | £172,152 |
| Land Assessment | £105,233 | Total Assessment | £277,386 |
PROPERTY TAXES
Parcel Number
21-25-23-00B-021.0
Land Assessment
£105,233
Improvements Assessment
£172,152
Total Assessment
£277,386
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Cindy Teem -
Armor Realty
1 of 52
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216 Lake Ella Dr
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