2 Baths
2,756 SqFt
2 Baths
2,756 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,756 sqft
Price per Sqft $1,224
Subdivision Old Town - Unlisted (1.0)
MLS Listing ID 614149
Half Baths 2
HOA Y/N No
Year Built 1994
Annual Tax Amount $20,670
Tax Year 2025
Lot Size 0.272 Acres
Acres 0.27
Lot Dimensions 54.25 x 113 & 50.5 x 113
Property Sub-Type Commercial
Land Area 2756
Property Description
Monroe County Liquor Licenses are valued well over $1 Million and 2025 County Appraised Value of the two real estate parcels is over $2.7Million. Total Asset value alone is over $3.8 Million, not including business value.
Two parcels of land total 11,836 sf. at corner of Truman & Grinnell Streets.
The Indoor Bar and adjoining Liquor Store are in the main corner, CBS 2,396 sf. building along with men's and women's restrooms, office & storage. The building also operates maybe the only drive through, pick up window for Beer, Wine and Liquor left in the Keys!
Several major repairs include new AC unit, new Bar, all new water lines and plumbing upgrades. New roof in 2022. There is an existing backup propane Generac Generator with automatic transfer not working. All Furniture, Fixtures and Equipment included.
Outside is another 1,588 sf. covered outdoor Bar for entertaining, weddings, special events and parties. There is bar and table seating and a separate small office/storage building.
The Bar and Liquor store are popular with both tourists and locals. The business is family managed with absentee owners and a few long time employees. Current Bar hours are 7am until 4am, 7 days per week. The Bar and Liquor Store are a money making operation with so many opportunities for growth for a new owner. Currently there is no food service on site, only pre-packaged snacks sold, but HNC -1 Zoning allows many commercial and residential uses & likely Food Trucks for added income.
Same absentee owners since 1998 and first time listed for sale.
Location
State FL
County Monroe
Area 02 - Key West
Zoning HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Direction Southeast Corner of Truman Ave. and Grinnell Street.
Interior
Interior Features Wet Bar, Furnished
Cooling Central Air
Flooring Other
Window Features Other Windows/Doors
Appliance No Appliances
Exterior
Parking Features Off Street
Utilities Available FKAA, Municipal Sewer
Waterfront Description None
Roof Type Other Roof
Garage No
Building
Story 1
Level or Stories 1
Others
HOA Fee Include None
Tax ID 00031260-000000
Miscellaneous High Visibility, High Traffic Location
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry