

1313 N GADSDEN ST TALLAHASSEE FL 32303
Historic Building in Midtown Tallahassee with Long Term Lease
Marketing description
Premier Commercial Group is pleased to present 1313 N Gadsden Street, a fully renovated historic building in the heart of Tallahassee's Midtown district — one of the market's most sought-after commercial corridors.
This 2,150 SF two-story building sits on 0.21 acres directly across from Midtown's premier lineup of dining, fitness, and lifestyle destinations, including The Brass Tap, Table 23, Push Pilates, F45 Training, The Hub Coworking, and the Marché SkyLofts. Publix and Whole Foods are both approximately one mile away, with Tallahassee Memorial HealthCare under 5 minutes and both I-10 and Florida State University within 10.
The property has seen extensive recent capital improvements, including new siding, windows, gutters, and substantial interior renovations — featuring original hardwood floors on the upper level and polished concrete below. Its versatility is proven: the building has successfully operated as a law office, boutique hotel, and student rental, and OR-1 zoning supports a wide range of office and residential uses going forward.
In-place income anchors the investment: a learning center recently executed a fresh 15-year lease at approximately $27/SF gross with 3% annual escalations, providing long-term, growing cash flow with meaningful lease term remaining for the next owner.
Opportunities like this — a renovated historic asset with committed long-term income in walkable Midtown — rarely come to market.
Investment highlights
2,150 SF historic building on 0.21 acres in Midtown Tallahassee
New 15-year lease in place at ±$27/SF gross with 3% annual increases
Recent renovations: new siding, windows, gutters, and interior upgrades
Hardwood floors up, concrete floors down
OR-1 zoning permits diverse office and residential uses
Directly across from Brass Tap, Table 23, Marché SkyLofts, F45, Push Pilates & The Hub Coworking
< 5 min to TMH | < 10 min to I-10 and FSU | ~1 mile to Publix & Whole Foods
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