$4,000,000
Key West, FL 33040
MLS# 573353
Status: Closed
6365 sqft
1 / 21
Property Description
Fully licensed, established Old Town restaurant/bar & brewery. Bricks & mortar offering - Complete turn key operation with all equipment, brewery tanks, fixtures & improvements included. 193 seat operation with SRX Liquor License. Seller wishes to retain the business on an extremely short term basis, but will convey all aspects of the business if the potential buyer has an interest.
Details
Maps
Documents
Contract Information
Listing Board: Key West Association
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Species List: No
Current Price: $4,000,000
Listing Date: 2016-12-26
Sold Price: $4,000,000
Location, Tax & Legal
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Off Shore Island: No
Mile Marker: 1
Side: N/A
Flood Zone: AE,0.2 PCT ANNUAL CH
Alternate Key #: 1004651
Parcel #: 00004470-000000
Zoning: HRO - Historic Residential/Office
Legal: KW PT LOT 3 SQR 25 H3-175 H1-273 G28-198 OR825- 1110/16Q/C OR825-1117/21Q/C OR825-1104 OR826-283M/L OR903-286 OR911-464Q
Taxes: 19379.32
Tax Year: 2016
Street #: 301
Street Name: Whitehead
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unlisted (1.0)
County: Monroe
Area: 02 - Key West
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Control Depth: 0
Lot Size: 90 x 104
Lot SqFt: 9360
Total Units: 0
# Parking Spaces: 0
Off Street Parking: 0
# Stories: 2
SqFt Source: Property Data Card
Total # Buildings: 2
Building SqFt: 5807
Style: Commercial
Living Apx SqFt: 6365
Year Built: 1934
Remarks & Misc
Remarks – Consumer: Fully licensed, established Old Town restaurant/bar & brewery. Bricks & mortar offering - Complete turn key operation with all equipment, brewery tanks, fixtures & improvements included. 193 seat operation with SRX Liquor License. Seller wishes to retain the business on an extremely short term basis, but will convey all aspects of the business if the potential buyer has an interest.
Directions: Located a block off lower Duval Street on the corner of Caroline & Whitehead Streets.
Status Change Info
Sold Comments: Straight forward transaction
Sold Date: 2017-08-01
Sold Price: $4,000,000
Status: Closed
Deed Restrictions
No: 1
Yes: 1
Association Info
Mandatory Home Owners Asc: No
License Info
# of City License: 1
# of County License: 1
SRX (Non-Transferab): 1
Type
Bar: 1
Restaurant: 1
Fee Includes
None: 1
Dockage
None: 1
Accounts & Meters
# Sewer Accounts: 1
# Water Meters: 1
# Electric Meters: 1
Appliances
Other: Restaurant Equipment
Cooling
Ceiling Fans(s): 1
Central Air: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Wood: 1
Windows/Doors
Double Hung Windows: 1
Construction
Frame: 1
Land Size
Less Than 1/4 Acre: 1
Terms
Seller Finance Psble: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Propane: 1
Title
Negotiable: 1
Property Rights
Beverage License: 1
Miscellaneous
Handicap Access: 1
Patio: 1
Roof
Tin Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Deed Restrictions: No; Yes
License Info: SRX (Non-Transferab)
Type: Bar; Restaurant
Waterfront: None
Waterview: No Waterview
Dockage: None
Cooling: Ceiling Fans(s); Central Air
Utilities: FKAA; Municipal Sewer; Propane
Miscellaneous: Handicap Access; Patio
Construction: Frame
Floor: Wood
Roof: Tin Roof
Land Size: Less Than 1/4 Acre
Fee Includes: None
Terms: Seller Finance Psble
Title: Negotiable
Property Rights: Beverage License
Supplements
State, County & City Licensed 193 seat Old Town restaurant/bar, full service SRX Liquor License - Prominent corner – busy tourist corridor just off Duval Street and a few blocks to the cruise ship port & high end resort hotels - Nationally recognized Historical Site - Birth place of Pan American Airways. This significant history is incorporated into the overall branding, marketing & interior design of the facility. Merchandising and a special event & wedding catering operation – " a Key West Affair " - Multi stainless steel vat brewery operation serviced by contracted Brew Master
- Red bricked patio situated under a canopy of 40' tall trees
- Considerable open air & a/c dining on 2 floors - Entertainment License in place - periodic garden stage shows.
- Approx. 11,500 sq ft of building, open porch & patio areas.
- Large catering/special events/wedding operation . Scheduling approx. 72 to 100 events per year. Busy advance bookings in place.
Plot Site 
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: September - 09 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.