1000-1006 Truman Avenue Key West, FL 33040

This is an opportunity to purchase an iconic indoor and outdoor bar and 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 operates with a valuable license, BEV 5400161. The two parcels of land total 11,836 square feet at the corner of Truman and Grinnell Streets. The main corner building is 2,396 square feet and constructed of CBS, housing the indoor bar and adjoining liquor store, along with men's and women's restrooms, an office, and storage. The building also features a drive-through pick-up window for beer, wine, and liquor. Major repairs include a new AC unit, a new bar, all new water lines, and plumbing upgrades. A new roof was installed in 2022. There is an existing backup propane Generac generator with automatic transfer that is not working. All furniture, fixtures, and equipment are included. Outside, there is a 1,588-square-foot covered outdoor bar 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 business is family-managed with absentee owners and a few long-time employees. Current bar hours are from 7 am until 4 am, 7 days per week. The bar and liquor store are a money-making operation with opportunities for growth for a new owner. Currently, there is no food service on-site, only pre-packaged snacks are sold, but HNC -1 Zoning allows many commercial and residential uses and likely food trucks for added income. The same absentee owners have managed the property since 1998, and this is the first time it has been listed for sale. The property is zoned HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med.