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Bar and Liquor Store
For Sale
Under Contract
$3,375,000

1000-1006 Truman Avenue, Key West, FL 33040

Commercial Sale, Key West, FL

Property Size2,756 SF
Lot Size0.27 Acres
Price / SF$1,224
Days on Market552

Property Features for 1000-1006 Truman Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning HNC(1-3) - Hist Nghborhd
Bathrooms 1
Half bathrooms 2
Rooms Bathroom 2, Bathroom 1
Parking features Off Street
Appliances No Appliances
Subdivision Old Town - Unlisted (1.0)
View Water
Directions Southeast Corner of Truman Ave. and Grinnell Street.
Standard status Active Under Contract
APN 00031260-000000
Size 2,756 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description KW G G WATSON SUB I-209 ALL OF LOT 4 & PT LOT 5 SQR 3 TR 13 G16-2 OR290-371/73 OR750-364 OR1349-2111 OR1528-2195/96
Tax Annual Amount 20670
Legal Description KW G G WATSON SUB I-209 ALL OF LOT 4 & PT LOT 5 SQR 3 TR 13 G16-2 OR290-371/73 OR750-364 OR1349-2111 OR1528-2195/96

Utilities

Cooling system Central Air

Amenities

Covered outdoor bar
Event space
Office/storage

Building Details

Year built 1994
Floors in Building 1
Number of units 2
Building materials CBS, Frame
Roof type Other
Listing Agency: RE/MAX Keys Connection (KW)
Listed By: Curtis A Skomp, CCIM · License #3350136
Added: Mar 10, 2025 Changed: Sep 4 Last Checked: Sep 12 at 4:06PM
MLS# 614149

Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This bar and liquor store occupies a corner property at 1000-1006 Truman Avenue in Key West. The main CBS building contains a 2,396-square-foot indoor bar and adjoining liquor store, along with men’s and women’s restrooms, an office, and storage. A drive-through pickup window serves beer, wine, and liquor sales. The property also includes a 1,588-square-foot covered outdoor bar with bar and table seating, plus a separate office and storage building.

The two-parcel site totals 11,836 square feet and provides off-street parking. Improvements include a new roof installed in 2022, a new AC unit, a new bar, and upgraded water lines and plumbing. Furniture, fixtures, and equipment are included. The sale also includes a full, unrestricted, transferable 5-COP liquor license with tobacco and retail beverage privileges and no food requirement. Current bar hours are 7 a.m. to 4 a.m., seven days a week.

Key Highlights

  • 2,396‑square‑foot CBS building with indoor bar, liquor store, restrooms, office, and storage
  • 1,588‑square‑foot covered outdoor bar with seating for events and gatherings
  • Full, unrestricted, transferable 5‑COP liquor license included

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Dental Office Pharmacy Carpet & Flooring Store Tanning Salon Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

3,256
Businesses Nearby
31k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 31% Home Improvements & Furnishings 24% Dining 19% Groceries 17%
Chevron Shops & Services
9,727 visits/mo 0.1 miles
Strunk Ace Hardware Inc Home Improvements & Furnishings
7,589 visits/mo 0.5 miles
Dairy Queen Dining
5,832 visits/mo 0.3 miles
IGA Groceries
5,390 visits/mo 0.2 miles
Best Western Hibiscus Motel Hotels & Casinos
2,843 visits/mo 0.5 miles

Demographics for 33040, FL

35,958
Population
19,001
Households
1.9
Avg Household Size
44
Median Age
38%
College-Educated
92%
High-School Grad
17.7 sq mi
ZIP Area
2,032
Density / Sq Mi
$79,038
Median Household Income
$42,458
Median Earnings
$2,079
Median Rent
$766,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Seaside Cafe at the Mansion 1400 Duval St, Key West, FL 33040
  • The VIP Gentlemen's Club 1221 Duval St, Key West, FL 33040
  • Southernmost Point Bar 1327 Duval St, Key West, FL 33040
  • Milagro Restaurant and Bar 1401 Simonton St, Key West, FL 33040
  • Tipsy Rooster Liquor Store & Bar 1325 Simonton St, Key West, FL 33040

Frequently Asked Questions

What type of property is this?
Bar & Pub - Indoor and covered outdoor bar areas include a drive-through pickup window.
Where is this bar & pub located?
The property is located at 1000-1006 Truman Avenue Key West, FL.
What is the asking price?
The asking price for this property is $3,375,000.
What are key features of this property?
This property features: 2,396‑square‑foot CBS building with indoor bar, liquor store, restrooms, office, and storage; 1,588‑square‑foot covered outdoor bar with seating for events and gatherings; Full, unrestricted, transferable 5‑COP liquor license included
More about this property
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