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Corner Bar and Covered Outdoor Bar
For Sale
Under Contract
$2,699,000

1000 Truman Avenue, Key West, FL 33040

COMMERCIAL - Key West, FL

Property Size2,396 SF
Lot Size0.27 Acres
Price / SF$1,126
Days on Market260

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 1, Bathroom 2
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

Amenities

outdoor entertainment area

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 #263500131
Added: Dec 5, 2025 Changed: Aug 4 Last Checked: Aug 22 at 5:06PM
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.

Freestanding corner CBS building with an indoor bar, restrooms, office, and storage, plus a drive-through liquor store. The property includes a covered outdoor bar area with an outdoor entertainment setup. Total building area is 2,396 SF, and there is an additional 1,588 SF of covered outdoor bar space.

The offering includes two real estate parcels at 1000 and 1006 Truman Ave. Combined frontage on Truman Ave is 104.75' and the parcels extend 113' deep. Zoning is HNC(1-3) - Hist Nghborhd, which allows many commercial uses; restaurants are a conditional use. Off-street parking is provided.

Recent improvements and updates include a new AC unit, a new bar buildout, new water lines and plumbing upgrades, and a new roof to the corner building in 2022. The drive-through feature may be grandfathered for potential future use. The bar business and liquor license are not included in this real estate offering.

Key Highlights

  • Two parcels totaling 104.75' frontage on Truman Ave and 113' deep
  • 2,396 SF CBS corner building with indoor bar, restrooms, office and storage
  • 1,588 SF covered outdoor bar with outdoor entertainment area

Property Analytics

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.

Lease Details

Yes
Paved road access

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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 - CBS corner property zoned HNC(1-3) with indoor bar, covered outdoor bar, and off-street parking.
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 parcels totaling 104.75' frontage on Truman Ave and 113' deep; 2,396 SF CBS corner building with indoor bar, restrooms, office and storage; 1,588 SF covered outdoor bar with outdoor entertainment area
More about this property
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