1075 Duval St - Restaurant CONDO FOR SALE


Key West, FL 33040
$499,000 USD
305-363-9665
1075 Duval St, Key West, FL for Sale
$499,000 USD
Restaurant CONDO - FOR SALE
1/19
null | 7% Cap Rate

1075 Duval St
Key West, FL 33040


OVERVIEW

The time is now to jump into The Key West Commercial investment opportunity, currently at a 7% Cap rate. This is perfect for you, a fully leased commercial condo to a long standing Key West Tenant, with a proven track record. The office/retail condo is completely upgraded with a completely new AC system – air handlers and ducts. Brand new storefront windows and front door with new aluminum frame impact rated. All floors, walls and paint have all been upgraded.. New lights and drop ceiling. All of the leg work has been professionally done, now just invest and enjoy your returns. The association is professionally managed, and is currently painting the exterior of the buildings. Monthly association dues are coming down and currently $1,554 a month which does include outside insurance, common area maintenance and exterior building maintenance. This unit is done and ready for you, call today for more details and to set up a showing! Today is the Day! Please do not disturb tenant, thanks! Must sign a Re/Max Commercial NDA for all details on the current lease.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$770 USD /SF

CAP RATE

7%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

1,592 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.06 AC

LAND SF

89,558 SF

ZONING

HRCC3

APN/PARCEL ID

00027090-000103,00027090-000115

ASK ABOUT THIS PROPERTY

Bobby CoeRE/MAX Keys Connection (KW)More Info
305-363-9665

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Bobby CoeRE/MAX Keys Connection (KW)More Info
305-363-9665

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.