221 Duval Street

Key West, FL 33040 / Old Town - Unrecord (1.0)

MLS ID# 603773 Active
Business Opportunity

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$200,000

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• Description
• Location, Tax & Legal
• General Property Description
• Details

Description

Prime Leasehold Opportunity on the 200 Block of Duval St. This is the busiest entertainment block in Key West. Heavy day and night foot traffic, 7 days per week. All Furniture, Fixtures and Equipment included. Full liquor restaurant license. Building has been mostly renovated. Long term lease assignment available. 2.5 yrs left on lease plus 3 Five yr Options. Lucy's Retired Surfers Bar & Restaurant name, menu & website may be included & subject to a licensing agreement, or bring in your own concept. Note in addition to the purchase price there is a refundable deposit due in the amount of $84,446 plus future rent credit of $69,000 equals a total due to Landlord of $153,446 due at lease signing. Great Duval St. location licensed for 150 Seats inside and outside. 1,295 sf. of outdoor patio seating. Front patio overlooking Duval St. and private rear patio under the shade trees. Two large bars, one indoor and an outdoor covered bar with easy access and good visibility from the sidewalk & street. Same block as Irish Kevin's and Sloppy Joe's and steps away from Mallory Sq. and Key West seaport. Prime Leasehold Opportunity on the 200 Block of Duval St. This is the busiest entertainment block in Key West. Heavy day and night foot traffic, 7 days per week. All Furniture, Fixtures and Equipment included. Full liquor restaurant license. Buil... show more

Location, Tax & Legal

• Street # 221
• Street Name Duval
• Street Suffix Street
• Key/Island Key West
• City KEY WEST
• State/Province FL
• Zip Code 33040
• Off Shore Island No
• Subdivision Old Town - Unrecord (1.0)
• Mile Marker 1
• County Monroe
• Area 01 - Key West
• KW Neighborhood Old Town-N of Truman
• Marathon Neighborhood N/A
• Side N/A
• Flood Zone AE
• Alternate Key # 1001333
• Parcel # 00001310-000000
• Zoning HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
• Legal No real estate included, leasehold interest only
• Taxes 28016
• Tax Year 2021

General Property Description

• Realtor.COM Type Commercial
• Style Business Opportunity
• Lot Size 49' x 113'
• Lot SqFt 5437
• Waterfront No
• Business Type Bar/Restaurant
• Business Name Lucy's Retired Surf
• Year Established 2018-09-20
• # Parking Spaces 0
• Off Street Parking 0
• # Stories 2
• Total # Buildings 1
• Building SqFt 4604
• SqFt Source Property Data Card
• Net Leasable Area 4604
• Total Units 0
• Year Built 1919
• Full Baths 0
• Half Baths 2
• Total Baths 2

Details

• Type

  Bar/Tavern/Lounge, Restaurant, Retail

• Cooling

  Central Air

• Electric

  Three Phase

• Furnishings

  Furnished

• Floor

  Combo

• Building Style

  Two Story

• Construction

  Frame

• Dockage

  None

• Porch/Balcony

  Deck, Open Porch/Balcony, Patio

• View

  None

• Waterview

  None

• Business Opp

  City

• Liquor License

  SRX(Non-Tranferable)

• Miscellaneous

  High Visibility, Patio

• Show

  24 Hour Notice, Call List Agent, Tenant Occupied

• Tenant Paid

  Cable, Electric, Garbage, Gas, Insurance, Sewer, Taxes, Tnt Pays Other Utils, Water