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511 Greene Street , #101

Key West, FL 33040
  • $850,000
  • STATUS: Closed
  • ON SITE: 601 Days
  • MLS #: 598062
Sold - 05/26/2023
$850,000
SOLD - 05/26/2023
  • 0
    BEDS
  • 0.15
    ACRES
  • 2
    BATHS
  • 2
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
2010
County:

School Ratings & Info

Description

Prime money making Restaurant/ Bar business/leasehold opportunity in the heart of downtown Key West. Directly across from Sloppy Joe's and steps from famous Duval St.Currently a Sports bar & restaurant with big To -Go business. All Furniture, Fixtures & Equipment plus business Goodwill and income included. Sandbar Sports Bar name can be used for a fee but not included in sale. Lease includes 5,305 sf. interior plus 1,150 sf. 2nd floor storage with 2 bathrooms and 4 parking spaces in rear of building. Also outside dining area facing Greene St.Business generates documentable income well over $2M/ year Gross with substantial net income each year. Very favorable 5 year term remaining on current NNN lease with two five year options to renew.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than LoKation Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keysarearealestate.com/homes/122270816
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511 Greene Street , #101 Key West, FL 33040

  • Price: $850,000
  • Status: Closed
  • On Site: 601 Days
  • Updated: 59 min ago
  • MLS #: 598062
0
Beds
2
Baths
2
½ Baths
0.15
Acres
2010
Built
Neighborhood:
Old Town-N Of Truman
County:
Monroe
Area:
01 - Key West
Property Description
Prime money making Restaurant/ Bar business/leasehold opportunity in the heart of downtown Key West. Directly across from Sloppy Joe's and steps from famous Duval St.Currently a Sports bar & restaurant with big To -Go business. All Furniture, Fixtures & Equipment plus business Goodwill and income included. Sandbar Sports Bar name can be used for a fee but not included in sale. Lease includes 5,305 sf. interior plus 1,150 sf. 2nd floor storage with 2 bathrooms and 4 parking spaces in rear of building. Also outside dining area facing Greene St.Business generates documentable income well over $2M/ year Gross with substantial net income each year. Very favorable 5 year term remaining on current NNN lease with two five year options to renew.
Exterior Features

Building Style Ground Level Construction Cbs Dockage None Side N/A Style Business Opportunity View None Waterfront YN No Waterview None

Interior Features

Sq Ft Building 6455.00

Property Features

Business Name Sandbar Sports Grill Business Type Restaurant Business Type1 Bar City Key West Key West Neighborhood Old Town-N Of Truman Listing Board Key West Association Mile Marker 1.00 Off Shore Island No Rent Amount 23000.00 Tax Year 2020 Taxes 1.00 Zoning Hrcc(1 - 4) - Hist Res Comm Core 1-4 Sf Specl

Listing courtesy of Curtis Skomp, Ccim of Re/Max Keys Connection (Kw): (305) 296-1400.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than LoKation Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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LoKation Real Estate
125 Porto Vista Ct
Islamorada FL, 33036