4999 Overseas Highway

Marathon, FL 33050 / Marameade Amd (49.5)

MLS ID# 605447 Active
Commercial

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$1,799,999

0.46 acres

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

Description

Prime Restaurant & Bar for sale in the heart of Marathon. Highly visible free standing building on Overseas Hwy. Seller will consider a 1st mortgage & Seller financing for a qualified buyer with reasonable down-payment and terms TBD. Cracked Conch Cafe has been Marathon staple for decades serving breakfast, lunch, dinner and full liquor. Licensed for 150 Seats with full liquor COP-SRX Liquor license. Indoor and Outdoor patio seating plus rear covered deck and back bar known as the Flying Iguana! Ground level 2,235 sf. CBS building sits on large 20,000 sf lot with ample parking for customers & employees. 100' of frontage on Overseas Hwy & also rear access off Ocean Terrace. Parcel is located in the middle of town just S. of Sombrero Beach Rd. and nearby is many residential homes plus Publix, Sandal Factory & T-Shirt City, Marathon Vet Clinic, Marathon Fitness, the Post Office, and more. All Furniture, Fixtures and Equipment, Business Name, Numbers, Recipes included. This is an asset sale and value supported by the real estate, building and assets. Same owners over 40 years, the reason for selling and business is ready to be taken to the next level with new ownership. Prime Restaurant & Bar for sale in the heart of Marathon. Highly visible free standing building on Overseas Hwy. Seller will consider a 1st mortgage & Seller financing for a qualified buyer with reasonable down-payment and terms TBD. Cracked Conc... show more

Location, Tax & Legal

• Street # 4999
• Street Name Overseas
• Street Suffix Highway
• Key/Island Marathon
• City MARATHON
• State/Province FL
• Zip Code 33050
• Off Shore Island No
• Subdivision Marameade Amd (49.5)
• Mile Marker 49.5
• County Monroe
• Area 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
• Marathon Neighborhood Old Town East (25th to Sombrero)
• Side Ocean
• Flood Zone AE,AE
• Alternate Key # 1398373
• Parcel # 00324410-000000
• Bldg Nbr 1
• Zoning MU - Mixed Use Commercial Mixed Use
• Legal AMENDED PLAT OF MARAMEAD SUBD PB3-185 KEY VACCA LOTS 23-26 & 39-40 BLK B OR301-248/49 OR311-181/182 OR647-196 OR840-1067
• Taxes 11866.68
• Tax Year 2022

General Property Description

• Realtor.COM Type Commercial
• Style Commercial
• Lot Size 100 x 200
• Lot SqFt 20000
• Waterfront No
• Control Depth 0
• Business Name Cracked Conch Cafe
• Year Established 1980-12-31
• # Parking Spaces ample
• Off Street Parking yes
• # Stories 1
• Total # Buildings 1
• Building SqFt 2235
• Net Leasable Area 2235
• Total Units 1
• Year Built 1973
• Total Bedrooms 0
• Full Baths 0
• Half Baths 3
• Total Baths 3

Details

• Deed Restrictions

  No

• License Info

  # of City License:1, SRX (Non-Transferab)

• Association Info

  No Mandatory Home Owners Asc, No 1st Right of Refusal

• Misc Property Info

  Recorded Plat

• Accounts & Meters

  # Sewer Accounts:1, # Water Meters:1, # Electric Meters:1

• Type

  Bar, Restaurant

• Waterfront

  None

• Waterview

  No Waterview

• Dockage

  None

• Vehicle Storage

  Guest Parking, Off Street Parking

• Cooling

  Central Air

• Utilities

  FKAA, Municipal Sewer

• Interior Features

  Furnished

• Appliances

  Other:All included

• Miscellaneous

  High Traffc Location, High Visibility, Highway Frontage

• Construction

  CBS, Combo Construction

• Electric

  Three Phase

• Windows/Doors

  Other Windows/Doors

• Floor

  Other

• Roof

  Other Roof

• Land Size

  1/4 - 1/2 Acre

• Fee Includes

  None

• Terms

  Seller Finance Psble

• Show

  Call List Agent, LA Must Accompany, Sign on Property

• Auction Info

  No Auction

• Financial Status

  No Bank Owned, No Potential Short Sale