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419 - 421 Caroline Street - Old Town Commercial Building, Key West, FL

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419 - 421 Caroline Street - Old Town Commercial Building

Key West, FL 33040


Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1938
Building Size:7,215 SF Land Area:.18 AC (7,623 SF)
For Sale Price:$4,750,000 Price/SF:$658.35
Cap Rate:-



Sale Notes:
Totally renovated building, currently an upscale Restaurant/Bar, but other commercial uses possible. Corner property with 69' of frontage on Caroline St. by 111' deep on Telegraph Lane. Property is steps off the 200 block of Duval St. Nearby neighbors include Sloppy Joe's, Rick's & Durty Harry's, Irish Kevin's, Fogarty's and newly opened Senor Frog's and Gas Monkey Bar N' Grill. Building has 7,215 SF on the ground floor and is licensed for 220 seats. Men's/Women's bathrooms. Full ADA Compliant. Building had a complete change of use to a restaurant in 2010 & received all new plumbing, grease trap, electric, new roof, HVAC system, interior build-out, kitchen, and bar. The historic building is the former home to the first Chevrolet dealership in Key West. Current business willing to lease back. Zoning is HRCC-1, the most favorable in Old Town & the same as all of Lower Duval St.

ReMax Keys Connection
Curtis A Skomp
(305) 296-1400




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