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Corner Bar Property with Drive-Through
For Sale
Under Contract
$2,699,000

1000 Truman Avenue, Key West, FL 33040

Commercial Sale, Key West, FL

Property Size2,396 SF
Lot Size0.27 Acres
Price / SF$1,126
Days on Market281

Property Features for 1000 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 SE corner of Truman and Grinnell Streets
Standard status Active Under Contract
APN 00031260-000000
Size 2,396 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

Building Details

Year built 1944
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: Dec 5, 2025 Changed: Sep 4 Last Checked: Sep 12 at 4:06PM
MLS# 617611

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 offering includes two real estate parcels at 1000 and 1006 Truman Avenue, with the business and liquor license excluded. The corner CBS building contains 2,396 square feet with an indoor bar, men’s and women’s restrooms, office space, storage, and a drive-through liquor store. A covered outdoor bar and entertainment area add 1,588 square feet. The property was built in 1944 and includes off-street parking.

Recent work includes a new AC unit, a replacement bar, upgraded water lines and plumbing, and a new roof on the corner building in 2022. The parcels provide 104.75 feet along Truman Avenue and extend 113 feet deep. The property is located in Key West, Florida, at the Truman Avenue address provided.

Key Highlights

  • Two real estate parcels at 1000 and 1006 Truman Avenue
  • 2,396‑square‑foot CBS corner building with indoor bar, restrooms, office, and storage
  • 1,588 square feet of covered outdoor bar and entertainment area

Property Analytics

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Current Use

Dons' Place Grocery & Convenience Store Million Dollar Bar Bar & Pub

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.

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
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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 - Real estate only, with an existing bar layout, covered outdoor area, and separate drive-through liquor store component.
Where is this bar & pub located?
The property is located at 1000 Truman Avenue Key West, FL.
What is the asking price?
The asking price for this property is $2,699,000.
What are key features of this property?
This property features: Two real estate parcels at 1000 and 1006 Truman Avenue; 2,396‑square‑foot CBS corner building with indoor bar, restrooms, office, and storage; 1,588 square feet of covered outdoor bar and entertainment area
More about this property
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