Incredible investment opportunity in the Heart of downtown Key West to own an entire building home to a well-established bar that includes a highly sought after FULL 5 COP LIQUOR LICENSE which includes package liquor sales! 2 Commercial Units are downstairs, the BottleCap Lounge & a small commercial kitchen home to Frank's Kitchen, a TO-GO kitchen with no seating or hood fan. Frank's runs food over to BottleCap patrons which is a bonus. The concrete building is 7468 sft of internal area & 1298 sft of patio & walkways. Upstairs are 4 residential apartments --- 2 two bedrooms / one bath & 2 one bedroom / one bath. The BottleCap has tremendous history dating back to 1934 when it was first established. It consists of a separate cozy bar with a pool table & leads through to an enormous airconditioned lounge and games room that boasts a gorgeous long bar with a cool vibe, pool tables, games, a DJ Booth, a dance floor, state of the art light system with lasers, excellent surround sound system & updated bathrooms. Both lead out to an outdoor patio with lots of seating & a counter-top bar to watch the passersby. The BottleCap is frequented by locals, famous artists & tourists wanting to escape the craziness of Duval St & meet locals. The location is ideal being on the corner of Simonton St & Catherine St & only one block from Duval. It sits in the corridor between the larger hotels on the south side of the island & famous Duval St. This is a fantastic opportunity to purchase an entire building in an ideal location, X Flood Zone with apartments above and a well-established bar below. There is significant untapped potential for enormous growth for the savvy investor or owner-operator.