301 Whitehead Street, Key West, FL 33040

$4,000,000
Property Type: Commercial Square Footage: 6,365 Lot Size (sq. ft.): 9,360 Status: Closed
Current Price: $4,000,000 List Date: 12/29/2016 Last Modified: 9/09/2024

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.

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.

More Information MLS# 573353

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
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: September - 09 - 2024
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