1000-1006 Truman Ave Key West, FL 33040

This is an opportunity to purchase an iconic indoor and outdoor bar and a liquor store with a drive-through in Key West. The property includes a full, unrestricted, and transferable 5-COP liquor license that includes tobacco and retail beverage sales with no food requirement. The business benefits from a Monroe County liquor license and the 2025 county appraised value of the two real estate parcels is over $2.7 million. Two parcels of land total 11,836 square feet at the corner of Truman & Grinnell Streets. The main corner building is a CBS structure of 2,396 square feet, housing the indoor bar and adjoining liquor store, along with restrooms, an office, and storage. The building features a drive-through pick-up window for beer, wine, and liquor. Major repairs include a new AC unit, a new bar, new water lines, and plumbing upgrades. A new roof was installed in 2022. There is an existing backup propane Generac generator with automatic transfer not working. All furniture, fixtures, and equipment are included. Outside, there is a 1,588 square foot covered outdoor bar suitable for entertaining, weddings, special events, and parties, with bar and table seating and a separate small office/storage building. The bar and liquor store are popular with both tourists and locals. The current bar hours are from 7 am until 4 am, 7 days per week. The HNC -1 Zoning allows many commercial and residential uses & likely Food Trucks for added income. The same absentee owners have managed the business since 1998.