2227 N Monroe Street Tallahassee, FL $ 1,450,000
2227 N Monroe Street
$ 1,450,000
Recently Listed
Share Save

2227 N Monroe Street

Tallahassee, FL, 32303
$ 1,450,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,928

2227 N Monroe Street, Tallahassee, FL 32303 - Image 1
2227 N Monroe Street, Tallahassee, FL 32303 - Image 2
2227 N Monroe Street, Tallahassee, FL 32303 - Image 3
2227 N Monroe Street, Tallahassee, FL 32303 - Image 4
2227 N Monroe Street, Tallahassee, FL 32303 - Image 5
2227 N Monroe Street, Tallahassee, FL 32303 - Image 6
2227 N Monroe Street, Tallahassee, FL 32303 - Image 7
2227 N Monroe Street, Tallahassee, FL 32303 - Image 8
2227 N Monroe Street, Tallahassee, FL 32303 - Image 9
2227 N Monroe Street, Tallahassee, FL 32303 - Image 10
2227 N Monroe Street, Tallahassee, FL 32303 - Image 11
2227 N Monroe Street, Tallahassee, FL 32303 - Image 12
2227 N Monroe Street, Tallahassee, FL 32303 - Image 13
2227 N Monroe Street, Tallahassee, FL 32303 - Image 14
2227 N Monroe Street, Tallahassee, FL 32303 - Image 15
2227 N Monroe Street, Tallahassee, FL 32303 - Image 16
2227 N Monroe Street, Tallahassee, FL 32303 - Image 17
2227 N Monroe Street, Tallahassee, FL 32303 - Image 18
2227 N Monroe Street, Tallahassee, FL 32303 - Image 19
2227 N Monroe Street, Tallahassee, FL 32303 - Image 20
2227 N Monroe Street, Tallahassee, FL 32303 - Image 21
2227 N Monroe Street, Tallahassee, FL 32303 - Image 22
2227 N Monroe Street, Tallahassee, FL 32303 - Image 23
2227 N Monroe Street, Tallahassee, FL 32303 - Image 24
2227 N Monroe Street, Tallahassee, FL 32303 - Image 25
2227 N Monroe Street, Tallahassee, FL 32303 - Image 26
2227 N Monroe Street, Tallahassee, FL 32303 - Image 27
2227 N Monroe Street, Tallahassee, FL 32303 - Image 28
2227 N Monroe Street, Tallahassee, FL 32303 - Image 29
2227 N Monroe Street, Tallahassee, FL 32303 - Image 30
2227 N Monroe Street, Tallahassee, FL 32303 - Image 31
2227 N Monroe Street, Tallahassee, FL 32303 - Image 32
2227 N Monroe Street, Tallahassee, FL 32303 - Image 33
2227 N Monroe Street, Tallahassee, FL 32303 - Image 34
2227 N Monroe Street, Tallahassee, FL 32303 - Image 35
2227 N Monroe Street, Tallahassee, FL 32303 - Image 36
2227 N Monroe Street, Tallahassee, FL 32303 - Image 37
2227 N Monroe Street, Tallahassee, FL 32303 - Image 38

Commercial Property for sale in Tallahassee, FL

for $1,450,000. The lot size is 0.58.

This is a rare opportunity to acquire a fully operational Dairy Queen franchise with over 20 years of continuous operating history at one of Tallahassee's most established quick-service restaurant locations. Located at 2227 N. Monroe Street — a high-traffic commercial corridor serving the city's northwest trade area — this offering includes fee simple ownership of the building and all improvements, together with the operating business as a going concern, subject to a long-term, fully assignable Absolute NNN ground lease at a fixed rate of $6,000 per month. The ground rent is fully reflected in the EBITDA figures presented and requires no further adjustment. The business generates approximately $1.3 million in annual gross sales across a loyal and growing customer base built over two decades of consistent brand execution. With verified three-year POS sales history available to qualified buyers, this offering provides the financial transparency and operational track record that serious acquirers demand. Estimated EBITDA for an investor/absentee owner ranges from $289,000 to $348,000 annually depending on the year selected, with owner-operator EBITDA ranging from $345,000 to $409,000 when management salary is added back. The sale includes the freestanding QSR building with drive-through lane, full commercial kitchen, customer dining room, and all building systems. All furniture, fixtures, and equipment are conveyed in full, including proprietary Dairy Queen soft-serve and frozen treat dispensing machines, Blizzard blending stations, commercial grills and fryers, walk-in cooler and freezer, PAR POS system, drive-through communication and menu board equipment, and all interior and exterior signage. The Dairy Queen franchise agreement, customer goodwill, vendor and supplier relationships, and all assignable licenses and permits are included. A complete FF&E inventory will be provided to qualified buyers upon execution of a Non-Disclosure Agreement. This offering is well-suited for an experienced QSR operator seeking a proven franchise platform, a first-time franchise buyer entering the Dairy Queen system with minimal execution risk, or an investor acquiring a stabilized going-concern business with a hard-asset component. SBA 504 and 7(a) financing may be available to qualified buyers, significantly reducing required equity at closing. International Dairy Queen, Inc. (IDQ) provides comprehensive onboarding and ongoing franchise support including initial training, operational manuals, proprietary system access, and brand standards guidance. The current owner is willing to provide a transition period to ensure continuity of operations. IDQ's franchisee support network remains available to the incoming owner post-closing. To protect the confidentiality of the ongoing business operation, all prospective buyers are required to execute a Non-Disclosure Agreement prior to the release of any financial statements, tax returns, or proprietary operating data. Site visits are conducted by appointment only and coordinated to minimize disruption to daily operations. All inquiries must be directed to the listing broker. Do not contact the business or its employees directly.

See more

Commercial Active

Price

$ 1,450,000

Property Type

Commercial

Taxes

$ 44,340

Style

Business

Lot Size

0.58

Town/City

Tallahassee

County/Region

Leon

MLS | Web ID

397771

Features
General
Property Subtype Business
County Leon
Net Operating Income 331431.0
Insurance Expense 33597.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
MaintenanceExpense 16798.0
Garage Y/N N
Status Active
Directions N on Monroe St past Tharpe St.
City Tallahassee
Senior Community Y/N N
MLS Area Leon
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 44340.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Property Sub Type Additional Business
See more
Exterior
Spa N
Lot Size Acres 0.58
Private Pool N
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
See more
Internal Only
Street Number 1 2227
See more
* Excluded Features
List By
Compass Florida, Llc

Broker

Affordability Calculator

$12,623
Per Month
71%
29%
0%
Monthly Principal & Interest
$8,928
Monthly Property Taxes
$3,695
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3571063 Elementary School
3570942 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/25/2026$1,450,000 Listed Price

Map


See all

2227 N Monroe Street, Tallahassee, FL, 32303 is a Commercial Property for sale at $1,450,000 with a lot size of 0.58. The property's zip code is 32303 which is in Tallahassee, FL