- For Sale $2,100,000
- Property Type Office - General Office
- Property Size 13,783 SF
- Lot Size 0.12 Acre
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1988
- Date Updated May 15, 2026
Description
Located on College Avenue between N. Gadsden & S. Calhoun.Positioned in the heart of Downtown Tallahassee, 336 College Avenue presents a compelling opportunity to acquire a stabilized office asset in one of the city’s most active business corridors. This well-located property benefits from immediate proximity to the Florida State Capitol, government offices, financial institutions, and a wide array of dining and retail amenities.
The building is currently 90% leased, offering investors strong in-place cash flow with minimal vacancy exposure. With a diverse tenant mix and consistent occupancy history, the asset provides both stability and potential upside through lease-up of the remaining space and future rental growth. Offered at $2.1 million, the property delivers an attractive 8% cap rate, making it a highly competitive investment in today’s market. Its central location, walkability, and accessibility make it particularly appealing to professional and governmental tenants.Outstanding Opportunity to occupy office space in Historic Downtown Tallahassee. The building has been recently remodeled with new exterior improvements, such as installing modern windows, fresh paint and new entrance and exit doors. Its close proximity to the State Capitol truly make this building unique. The property is within walking distance of the Leon County Courthouse, State Capitol Buildings, and City Hall. Also, the building is strategically located within proximity to various restaurants, hotels, and numerous other commercial venues.
Highlights
- 8% CAP
- 90% Leased
- Landmark" building located in the Downtown Tallahassee
- Numerous Capital Improvement/Upgrades
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Contacts
Stacy Taylor
Stirling
Location
Located at 336 E College Ave , Tallahassee, FL 32301, this property is part of the Downtown Tallahassee neighborhood and Tallahassee market.
Contact Listing Broker
Stacy Taylor
Stirling