7007 Overseas Hwy - Restaurant FOR SALE


Marathon, FL 33050
$1,850,000 USD
305-393-0994
7007 Overseas Hwy, Marathon, FL for Sale
$1,850,000 USD
Restaurant - FOR SALE
1/12
null | 12.1% Cap Rate

7007 Overseas Hwy
Marathon, FL 33050


HIGHLIGHTS

  • Landmark Florida Keys Restaurant in Operation Over 70 Year
  • High Visibility on US1
  • High Profit Center with Lean Operation

OVERVIEW

Own this iconic diner in the heart of Marathon! The Wooden Spoon is a beloved institution, serving breakfast and lunch to a steady mix of tourists and loyal locals for over 70 years. The compact footprint, efficient kitchen, and competent staff turn out craveable meals that keeping diners coming back to this 52-seat diner. The continuity of operations - paired with a proven track record of daily profitability - makes this an ideal opportunity for a hands-on owner or investor seeking dependable returns. Business and real estate included in this sale. Be a part of the fabric of the Florida Keys with ownership of this quintessential iconic eatery.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$1,700 USD /SF

CAP RATE

12.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Wooden Spoon Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,303 SF

ZONING

2100

APN/PARCEL ID

00338700-000100

ASK ABOUT THIS PROPERTY

Elizabeth JolinColdwell Banker Schmitt Real Estate Co.More Info
305-393-0994

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

Elizabeth JolinColdwell Banker Schmitt Real Estate Co.More Info
305-393-0994

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