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Site #4 - 4,000+sqft building & 0.25acre 609 Railroad Sq 4,763 SF Industrial Building Tallahassee, FL 32310 $830,572 CAD ($174.38 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Central Location with lots of adjacent walking, bike, and car traffic
  • Former Performing Arts Theater with 2nd story loft / mezzanine
  • Fenced-in Back Yard along Cascades Trail Greenway and FAMU Way road

EXECUTIVE SUMMARY

This building has ~4,000sqft on the ground floor level with a ~1,000sqft upstairs loft/mezzanine. It includes 3 bathrooms, 15 parking spaces, approximately 2,000sqft of conditioned space, and a private fenced-in backyard facing FAMU Way. The building was damaged in the May 2024 Tornado and subsequently renovated and repaired, to include a full structural engineering study (deeming it secure), a brand new metal roof (2024), and a number of interior improvements. The current tenant, North Flora Collective, is a retail plant store and greenhouse with a hospitality component. They could stay as a tenant or be relocated with 90 days notice.
Multiple Sites in Railroad Square Art District are also listed FOR SALE on Loopnet.com. See photos of this listing showing the site map and all 4 sites for sale. Purchase this site individually or combine it with others for a larger master planned development.
609 Railroad Square is considered to be "Site #4" and amounts to 0.25 acres. Other sites for sale include:
Site #1 - 625 Railroad Square - 1.02 acres - LISTING: https://www.loopnet.com/Listing/625-Railroad-Sq-Tallahassee-FL/34767061/
Site #2 - 633, 635, & 637 Railroad Square - 1.45 acres - https://www.loopnet.com/Listing/635-Railroad-Sq-Tallahassee-FL/34771230/
Site #3 - Multiple Railroad Square addresses - 3.15 acres - LISTING: https://www.loopnet.com/Listing/650-Railroad-Sq-Tallahassee-FL/34771981/
Property is listed by Broker-Owner, who intends to keep a portion of the existing property, not listed for sale, and continue to operate it as a creative retail, arts, and entertainment district which will serve as an amenity to any other adjacent developments.

DATA ROOM Click Here to Access

TAXES & OPERATING EXPENSES (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $2,855 $0.60
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025)

Taxes (CAD)
Annual $2,855
Annual Per SF $0.60
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $2,855
Annual Per SF $0.60

PROPERTY FACTS

Price $830,572 CAD
Price Per SF $174.38 CAD
Sale Type Owner User
Property Type Industrial
Property Subtype
Showroom
  • General Retail Garden Centre
  • General Retail Storefront
  • General Retail Movie Theatre
Building Class C
Lot Size 0.25 AC
Rentable Building Area 4,763 SF
No. Stories 2
Year Built 1941
Tenancy Single
Parking Ratio 3.15/1,000 SF
No. Drive In / Grade-Level Doors 2
Zoning UT - UT - University Transition. 50/units per acre. Multimodal District (Low Parking requirements). Off-site SWMF concurrency available

AMENITIES

  • Courtyard
  • Fenced Lot
  • Mezzanine
  • Wheelchair Accessible

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-01-40-00E-003.0
Land Assessment
$43,356 CAD (2024)
Improvements Assessment
$108,201 CAD (2024)
Total Assessment
$151,556 CAD (2024)
Annual Taxes
$2,855 CAD ($0.60 CAD/SF)
Tax Year
2025 Payable 2025
  • Listing ID: 34757408

  • Date on Market: 2025-02-07

  • Last Updated:

  • Address: 609 Railroad Sq, Tallahassee, FL 32310

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